HELSINKI, Finland - Nokia Siemens Networks said Monday it will provide a digital network for Zain, a mobile phone operator in Saudi Arabia, in a deal valued at about $935 million.
The contract includes operations, support systems, maintenance and services over five years for the network which will use 2G and 3G (second and third generation) technologies.
Nokia Siemens Networks is the sole supplier of Zain Saudi's core network, the Finnish-German company said.
"This deal is one of the most important in Nokia Siemens Networks' history, and also very strategic for our growth in Africa as Zain is present in more than 14 countries in the region," said Walid Moneimne, head of the company's Middle East and African operations.
Zain, founded in Kuwait in 1983 and formerly known as the MTC Group, is a leading mobile provider in 22 countries in the region. It has more than 15,000 employees.
Nokia Corp., based just outside Helsinki, is the world's largest mobile phone maker. In April, it merged its network section with the network operations of Siemens AG, Europe's largest electronics and electrical engineering company. The 50-50 joint venture employs some 60,000 people.
____
On the Net:
Nokia Siemens: http://www.nokiasiemens.com
No comments:
Post a Comment