Nokia sees strong momentum in India, wins $100M IMS deal

Nokia sees strong momentum in India, wins $100M IMS deal

21 AUG 2015

Finnish gear maker Nokia Networks has benefited from improvements in India’s telecoms landscape, as the regulatory environment brightens, spectrum resources finally expand and data growth takes off.

The company has picked up 30 deals in the country in the first half of the year, compared to 35 for all of 2014, according to Sandeep Girotra, Nokia’s head of India, who spoke with the Economic Times.

Its latest win is a two-year IMS contract from Reliance Jio Infocomm, a new 4G player scheduled to launch commercially in December. The IP multimedia system (IMS) deployment will enable voice calls to be made on an IP network and is a requirement for voice-over-LTE (VoLTE). The contract is reportedly valued at almost $100 million.

Girotra said revenue growth in the first half has been the highest since 2008. The company expects the momentum to continue in the second half, with larger deals in the pipeline as operators boost their capex, the Times reported.

Q2 sales in Nokia’s main networks units were up 6 per cent year-on-year to €2.73 billion. On a group level, the company reported a profit of €347 million in Q2, compared with a prior year profit of €2.51 billion, on sales of €3.21 billion, up 9.1 per cent.

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Joseph Waring

Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he...

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