Nokia will host a “Focus on India” event for investors and analysts in New Delhi on Thursday, August 25, the first time that the company will be holding such a meeting in India. Attending will be investors and financial and industry analysts from a number of global investment banks, financial institutions and research houses.
The theme of this year’s regional event is “Focus on India", and will include presentations from Nokia top management including Networks business group head Simon Beresford-Wylie.
Mobile telephony has reached its first decade in India, and Nokia is proud to have played a key role in its development from the very beginning. The first-ever mobile call in the country was made using a Nokia phone on a Nokia-deployed cellular network. Since then, Nokia has notched a number of firsts in India in both handsets and networks, showing its commitment to one of the world’s most robust and exciting markets.
“India is already amongst the top five telecom markets in the world and is set to reach the third position in the next few years. This exponential growth will require large-scale investments. Keeping this in mind, Nokia decided to host its investor event in India. The event will showcase India as an investment destination and provide the global investor community an opportunity to interact with senior representatives of Indian telecom industry,” said Simon Beresford-Wylie, EVP & GM, Nokia Networks.
“This year also marks a decade of mobile telephony in India, a decade in which Nokia has been a proud partner and key enabler of the local industry. The Nokia investor event commemorates this milestone and reinforces our long-standing commitment to the local market to drive growth,” he added.
Nokia’s achievements in India include:
The first-ever mobile call in India was made over a Nokia deployed network from a Nokia handset over 10 years ago
Focusing on localization initiatives to drive adoption
Setting up India’s first EDGE Network for IDEA Cellular in Delhi
Leading vendor of GSM network equipment to all of the top five operators in the country
Nokia’s operations in India include networks and terminals sales divisions, three Research and Development facilities and an upcoming manufacturing facility in Chennai that will produce both terminals and GSM infrastructure equipment. The end-to-end operations strengthen Nokia’s complete solution offering and uniquely position it to work with Indian operators to reduce time to market for both network equipment and terminals and achieve the Government’s target of 200 million mobile subscribers by 2008.
More: indiainfoline.com