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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
02/10/201612:21:24USD 1.85 billion senior notes issued by Alcatel-Lucent USA Inc...
02/10/201604:24:49Results of Nokia's reopened public exchange offer for Alcatel-Lucent...
02/09/201617:00:00Nokia, Coast to Coast Against Cancer Foundation set five-year...
02/04/201606:08:08Nokia to publish fourth quarter and full year 2015 results on...
02/03/201611:51:27Nokia announces that the reopened offer period in its public...
02/02/201603:21:20Nokia has supplemented its listing prospectus relating to the...
02/01/201618:16:00ADRs End Mostly Lower; Nokia Declines
02/01/201608:20:00Nokia Shares Slump After Patent Guidance Disappoints
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02/01/201604:06:00Nokia Rakes In Cash From Patents, Helped by Samsung Pact
02/01/201602:05:00Nokia Receives Arbitration Award in Samsung Patent Case
02/01/201601:05:52Nokia receives decision in patent license arbitration with Samsung...
01/14/201602:07:59Nokia celebrates first day of combined operations with Alcatel-Lucent
01/14/201602:05:42Nokia reopens public exchange offer for outstanding Alcatel-Lucent...
01/11/201610:22:49Redemption of USD 1.85 billion senior notes issued by Alcatel-Lucent...
01/08/201611:19:47Nokia confirms the composition of the Board of Directors and...
01/08/201602:09:55Exercises with stock options of Nokia Corporation
01/07/201615:40:00Renault-Nissan Gives Details on Autonomous Vehicle Plan
01/07/201607:15:51Nokia announces settlement of its public exchange offer for Alcatel-Lucent...
01/06/201606:05:29Nokia issues shares to the holders of Alcatel-Lucent securities

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