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    IDEA   INE669E01016

VODAFONE IDEA LIMITED

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Delayed NSE India Stock Exchange  -  07:25 2022-07-01 am EDT
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Nokia to deploy its Access DWDM solution to upgrade Vi's transport network to 5G

05/13/2022 | 09:18am EDT

New Delhi, India - Nokia announced that Vodafone Idea (Vi) will use its DWDM solution in the access layer to upgrade its network to 5G for meeting future service capacity and reliability needs. The new compact and scalable DWDM solution will allow Vi to optimize fiber resources while ensuring 100Gcapacity with future upgrade capability of the network to 200G and beyond, in the access network.

Nokia's 1830 Photonic Service Switch (PSS) will enable Vi to cost-effectively and sustainably enhance network capacity by minimising operational expenditure with reduced power consumption and carbon footprint. Nokia solution will support Vi to reduce Total Cost of Ownership (TCO) and improve Return on Investment (ROI) while ensuring improved network capacity to meet the future demands.

Jagbir Singh, Chief Technology Officer at Vodafone Idea, said: 'We are building the best-in-class digital networks to address the evolving market demands. As we prepare for 5G, we are focussed at forging partnerships with ecosystem players to bring superior quality network and services for consumers and enterprises. Collaborating with Nokia allows us to use the latest technology solutions to modernize our networks and provide the best possible quality to our subscribers.'

Prashant Ramesh Malkani, Head of Vodafone Idea CBT at Nokia, said: 'Our field-proven 1830 PSS solution will allow Vodafone Idea, to address the growing capacity demand and provide best-in-class network experience to their subscribers while preparing the networks for the 5G era. We are excited to partner with Vodafone Idea in this crucial deployment of Access DWDM and supporting them in their 5G vision to provide exceptional experience to their subscribers.'

About Nokia

At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.

Contact:

Media

Nokia

Mohammed Shafeeq

Email: mohammed.shafeeq@nokia.com

Communications

Email: press.services@nokia.com

(C) 2022 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2022 387 B 4 900 M 4 900 M
Net income 2022 -276 611 M -3 505 M -3 505 M
Net Debt 2022 1 982 B 25 112 M 25 112 M
P/E ratio 2022 -0,92x
Yield 2022 -
Capitalization 273 B 3 460 M 3 460 M
EV / Sales 2022 5,83x
EV / Sales 2023 5,14x
Nbr of Employees 9 173
Free-Float 14,0%
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Last Close Price 8,50 INR
Average target price 7,21 INR
Spread / Average Target -15,2%
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Managers and Directors
Ravinder Takkar Chief Executive Officer, Director & MD
Akshaya Moondra Chief Financial Officer
Himanshu Kapania Non-Executive Chairman
Jagbir Singh Chief Technology Officer
Abhijit Kishore Chief Operating Officer
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