Nokia lands $143.5 M Orange contract
Finnish telecom company Nokia Corp. just signed a $143.5 million, three-year deal with Orange SA to supply its unit, Orange Communications SA, with a 3G network for its mobile Internet services. Nokia is sole supplier.
Nokia will supply its 3G mobility core network, including packet- and circuit-switched elements and WCDMA Radio Access Network. It also will provide support services, including planning, building and operating the network, and developing, managing and optimizing network operations with its NMS.
Also in the agreement — Nokia will extend a $213.2 million, three-year bridge financing package to Orange SA.
Orange's announcement comes a week after it chose several vendors to build its UMTS network in France, the U.K. and Germany, including Alcatel SA and Nokia. Nokia also is sole supplier of 3G telecom networks to MobilCom AG in Germany.