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Wireless

Nokia to set up JV with Yadro to produce equipment in Russia

Thursday 25 November 2021 | 10:25 CET | News
Nokia concluded an agreement with the Russian company Yadro, a producer of IT equipment, on founding a joint venture in Russia, reports Kommersant. The joint venture will focus on production of LTE and 5G base stations, under a software licence from Nokia. Operators expect the project could lead to higher market share for Nokia in Russia.

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Categories: Mobile & Wireless
Companies: Huawei / Nokia / ZTE
Countries: Russian Federation
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