Bharti awards Nokia USD125 million contract

24 Aug 2005

India’s Bharti Tele-Ventures has awarded Finnish technology provider Nokia a USD125 million contract to expand its GSM network in eight areas of the country and provide it with managed services over a three-year period. The deal will help Bharti to increase network coverage to more than 5,000 towns, up from around 3,000 at present. Earlier this week Bharti confirmed that it would invest USD1 billion in its operations during its current financial year ending March 2006. The capex figure includes plans for fixed line and broadband rollouts in several cities.

India, Bharti Airtel