Nokia Completes Acquisition of LCC International's U.S. Deployment Business

Date : 06/30/2006 @ 12:15PM
Source : PR Newswire
Stock : Lcc International (MM) (LCCI)
Quote : 0.1198  -0.0912 (-43.22%) @ 8:00PM
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Nokia Completes Acquisition of LCC International's U.S. Deployment Business

ATLANTA, June 30 /PRNewswire-FirstCall/ -- Nokia (NYSE:NOK) announced today the completion of its acquisition of LCC International's (NASDAQ:LCCI) U.S. deployment business. The agreement between the companies was announced June 5, 2006.

The addition of deployment operations to Nokia's delivery services in North America enhances a growing portfolio of network and professional services for communications providers. This move is aligned with the growth and strategy of Nokia Networks' global Services group, which accounts for more than 30 percent of Networks' revenues.

"The successful completion of this acquisition positions Nokia Networks as a partner of choice for operators," said Mark Louison, Senior Vice President, Networks, North America. "We remain committed to delivering a comprehensive portfolio of solutions to address the unique needs of North American operators."

About Nokia

Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations.

Media Inquiries

Nokia, Corporate Communications Chantal Boeckman +1.972.894.5211

http://www.newscom.com/cgi-bin/prnh/20040130/NOKIALOGO

http://photoarchive.ap.org/

DATASOURCE: Nokia

CONTACT: Chantal Boeckman, Corporate Communications of Nokia,

+1-972-894-5211, or

Web site: http://www.nokia.com/

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