STOCKHOLM -(Dow Jones)- Finnish mobile communication company Nokia Oyj (NOK) Tuesday said it will establish a high-end base station controller manufacturing unit in Chennai, India.
The company said the new unit will further emphasize Nokia's end-to-end position and strength, both globally and in India, as well as the company's end-to-end commitment to India.
In April, Nokia announced its plans to set up a mobile device production facility in Chennai. Base Station Controller production will begin at the same time as terminal production, during the first half of 2006, the company said.
The announcement comes in the wake of fast expansion of networks in the Indian market based on aggressive plans of all the Global Systems for Mobile Communication service providers over the next few years. In India, Nokia Networks is a leading GSM infrastructure equipment supplier and supplies to all of the top five GSM operators in the country.
Simon Beresford-Wylie, executive vice president and general manager of networks, Nokia, said: "India is already amongst the top five telecom markets in the world and is set to reach the third position in the next few years. In order to sustain this growth, rapid expansion of mobile networks will be essential. Nokia's investment in local Base Station Controller manufacturing aims to meet this requirement and reiterates its long standing commitment to India."
(END) Dow Jones Newswires"
Posted to the site on 31st May 2005
Posted to: www.cellular-news.com/story/12999.php