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Nokia to open network center in India

Posted by iTech - 2005-12-19

MANHASSET, N.Y. — Finland-based wireless equipment provider Nokia Corp. said Friday (Dec. 15) it will open a new global networks solution center next year in Chennai, southeastern India, as part of its strategy to penetrate the growing India market.

In April, Nokia announced that it had chosen Chennai as the site for its new mobile phone plant expected to employ up to 2,000 people. It is slated to open the first half of 2006.

The networking center will serve selected operator customers in the Asia Pacific region as well as Europe, the Middle East and Africa, Nokia said.

"This center will play a key role for us in our drive to ease the cost pressures that our clients are feeling," Bosco Novak, a senior vice president in the networks division, said in New Delhi. "India is a very important market for Nokia and we're pleased to expand our presence here."

The network center will open the first half of 2006 and initially employ 100 people, but will be expanded later, Nokia said. It gave no value for the investment.

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