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Nokia signs two contract expansions

HELSINKI, Finland-Nokia Corp. announced two new contract wins for GSM technology.

Nokia will extend its contract to Russia’s VimpelCom for GSM/GPRS equipment under a $60 million agreement for 2004. The gear will be used to develop the Bee Line GSM network in the northwest and central regions of Russia.

In addition, Nokia will expand Thai mobile operator AIS’s GSM/EDGE network under a $22 million agreement. The network will be expanded in the northern, western and southern regions of Thailand.

“With the EDGE network expansion, AIS would be in a stronger position to support the projected subscriber growth to 15 million subscribers by year’s end,” said Yingluck Shinawatra, AIS president. “We will also be able to increase capacity to support our recently launched push-to-talk service.”

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