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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
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05/15/201417:19:45ADR Shares End Lower
05/14/201409:20:23Nokia Seeks International Arbitration
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05/13/201416:53:47ADR Shares End Mixed; Telecom Italia, GlaxoSmithKline Shares...
04/30/201409:30:11India Court Seeks Nokia Tax Review
04/29/201418:06:12ADR Shares End Higher; ABB, Deutsche Bank and Banco Santander...
04/29/201412:23:47EUROPE MARKETS: European Stocks Gain As Deutsche Bank, Nokia...
04/29/201408:36:58Nokia Appoints Rajeev Suri as CEO--Update
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04/29/201402:16:52Nokia Appoints Rajeev Suri as CEO -- Update
04/29/201400:40:48Nokia Appoints Rajeev Suri as CEO
04/25/201412:52:43Correction to Story on Nokia Completing Mobile Phone Transfer...
04/25/201411:35:25Nokia Completes Mobile Phone Transfer to Microsoft - 2nd Update
04/25/201410:36:07Nokia Completes Mobile Phone Transfer to Microsoft - Update
04/24/201417:35:36ADR Shares End Mixed; Unilever, AstraZeneca Shares Active
04/24/201409:50:12Nokia Says 'Very Strong Likelihood' India Plant Won't Be Part...

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