Finnish telecom equipment supplier Nokia on Wednesday said it had won a "multi-billion" dollar deal with India's Bharti Airtel for delivery of 4G and 5G equipment.
Sources familiar with the talks told Reuters last month Nokia and Bharti were nearing a deal worth several billion dollars to expand Bharti's network in India.
Nokia's Swedish rival Ericsson had already won a deal of similar size with Bharti earlier in October.
India last year helped Nokia and Ericsson offset weakness in demand from US customers. However, the volume of orders from India slowed down significantly after a growth spurt last year.
Nokia's share price rose 3.1 per cent by 8.29am GMT.
You may also like
Why is Las Vegas Grand Prix taking place on a Saturday? Unique F1 schedule explained
Why was Anmol Bishnoi arrested in America? The reason has come to light.
Morning, evening, or night, what is the right time to eat eggs? When do you get more benefits?
Currys Black Friday deals have started early - here are the 6 best tech offers
All Poundland shops to be closed for two days as bosses hand out free £25 payments
