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Nokia India's net sales falls 69% in Q1 as Jio, Airtel normalise 5G investments, ET Telecom

“Within APAC, India net sales declined reflecting the normalization of 5G investments in the region after significant deployments in the year-ago quarter. Elsewhere in APAC, (the) rest of APAC and Greater China also declined,” Nokia said in its earnings report.
United States Bharti Airtel Pekka Lundmark Nokia Thursday Reliance Jio Greater China

Nokia, Ericsson Q1 sales fall in India as top telcos normalise 5G network investment

Both European vendors expect fresh deals from struggling telco Vodafone Idea, which has earmarked Rs 12,750 crore of the total FPO proceeds to purchase equipment for expanding its network infrastructure by setting up new 4G sites, expanding the capacity of existing 4G sites and new 5G sites.
Bharti Airtel Pekka Lundmark Akshaya Moondra G Radio Access Network Greater China Southeast Asia

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