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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
12/05/201617:03:20Nokia 200G optical transport solution doubles network capacity...
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12/01/201609:51:41Telefonica prepares for 5G with successful test of Nokia's next-generation...
12/01/201605:10:59Nokia brand licensee HMD Global is now the new home of Nokia...
11/30/201609:07:12Nokia and Hewlett Packard Enterprise expand collaboration on...
11/30/201601:21:35Exercises with stock options of Nokia Corporation
11/29/201606:15:52Nokia and Elisa deliver first cloud-based Voice over LTE and...
11/28/201608:08:02TDC Group and Nokia increase Danish broadband speeds to deliver...
11/28/201603:09:25European Aviation Network (EAN) is airborne!
11/24/201613:35:22Nokia Foundation Award granted to Internet technology pioneer...
11/21/201602:07:00Nokia collaborates with the UAE General Civil Aviation Authority...
11/20/201620:50:00CFIUS Again Objects to a China-Europe Deal
11/17/201603:08:14Nokia announces machine learning-powered customer experience...
11/17/201603:01:00Nokia announces machine learning-powered customer experience...
11/16/201613:29:00Ericsson CEO: See 2017 Mobile Telecom-Equipment Market Shrinking...
11/15/201604:30:00Nokia Warns Network Sales to Fall
11/15/201602:12:41Nokia Corporation to repurchase own shares in line with its capital...
11/15/201602:10:06Higher returns through focused growth: Nokia sets key financial...
11/14/201615:14:14Nokia and Sony Pictures team for innovative 3D 360 Immersive...

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