The company won 15 new deals in the cable operator and internet service provider (ISP) segment last year.
Nokia is seeing growth in both mobility and beyond telco space in India. The Finnish company said that it bagged 75 contracts last year in India, most of them coming from the non-telco space.
Nokia’s India Market Head Sanjay Malik told ET that the company won 15 new deals in the cable operator and internet service provider (ISP) segment last year, which brings the total count to 25.
He is expecting further growth in the wireless space, likely to be driven by 4G expansion by Indian operators. Mobile phone operators are also getting their network ready for 5G with their deployment of massive MIMOs and small cells on TD-LTE technology, Malik noted.
New revenue opportunities
Meanwhile, Nokia is searching for new revenue opportunities outside the traditional telecom service provider segment. The company is said to be in talks with webscale companies for data centre connectivity.
“Global players are coming to India and are looking to set up data centres. India players are looking to do the same. We are expecting good growth this year in this space,” Malik was quoted as saying.
Nokia is also looking for opportunities in the enterprise segment. It is specially targeting sectors such as banking and finance, transportation and railways.
Bharti Airtel, Nokia join hands to put 5G equipment on trial
Nokia has tied up with Bharti Airtel to conduct trial of a front-haul solution that will help to speed 5G operations.
Modernization of this part of the transport network is essential to deliver high-speed and low latency of 5G services, Malik had said in a statement.
The trail is part of Bharti Airtel’s strategy to make its network future ready to meet the growing demand for high speed data in India.