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Nokia Siemens Networks Inks 4G Deal in Saudi Arabia

By Katarina Gustafsson Network equipment vendor Nokia Siemens Networks (NOK, SI) said Wednesday that it has signed a 4G deal with Saudi Arabian operator Zain KSA. MAIN FACTS: -Zain will use Nokia Siemens Networks as its infrastructure and services vendor for Jeddah, Saudi Arabia's second-largest city. -Zain will refarm--clear and reassign frequencies from low to high value applications--its 1800MHz GSM frequency band to 4G services. -Nokia Siemens Networks will also manage Zain's 4G network in Jeddah in addition to Zain's existing GSM and 3G networks in the city. -At 1208 GMT Nokia shares were up 4.7% at EUR2.24. Write to Katarina Gustafsson at katarina.gustafsson@dowjones.com

Stock News for Nokia (NOK)
DateTimeHeadline
05/26/201618:14:00Correction to Microsoft Smartphone Article on Wednesday
05/26/201603:03:00Microsoft Pins Phone Hopes on Companies -- WSJ
05/25/201620:19:00Microsoft to Streamline Smartphone Business, Cut 1,850 Workers--2nd...
05/25/201609:49:00Microsoft to Streamline Smartphone Business, Cut 1,850 Workers--Update
05/25/201608:50:00Microsoft to Streamline Smartphone Business
05/25/201606:41:00Microsoft to Streamline Smartphone Hardware Business
05/25/201605:39:00Microsoft to Streamline Smartphone Hardware Business
05/24/201605:06:44Nokia's Capital Markets Day will be held on November 15, 2016
05/19/201603:04:00Microsoft Cuts Low-End Phones -- WSJ
05/18/201618:28:00ADRs End Mostly Higher; Nice Systems Rises
05/18/201608:45:00Nokia to Return to Cellphones Via Licensing Pact -- Update
05/18/201607:00:00Nokia to Return to Cellphones Via Licensing Pact
05/18/201605:15:54Nokia signs strategic brand and intellectual property licensing...
05/12/201614:07:47Nokia agrees to acquire Alcatel-Lucent convertible bonds through...
05/12/201601:33:56Connecting the world in a responsible way: Nokia publishes its...
05/11/201615:43:00Nokia and Coast to Coast Against Cancer raise $119,000 for Candlelighters...
05/11/201608:00:00/R E P E A T -- Media Advisory - Ottawa Redblacks, Fury and...
05/10/201618:14:00ADRs End Higher; Nokia Declines
05/10/201609:51:10Nokia has supplemented its listing prospectus relating to the...
05/10/201602:40:00Nokia Falls to Surprise Loss

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