Nokia wins 'multi-billion' dollar deal in India By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
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Source: Investing.com
Nokia's Major Deal: Nokia has secured a multi-billion dollar contract with India's Bharti Airtel for the supply of 4G and 5G equipment, following similar agreements made by rival Ericsson.
Market Impact: The announcement led to a 3.1% increase in Nokia's share price, despite a slowdown in order volume from India after last year's growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
