Amena chooses Nokia for GSM network rollout in Spain.HELSINKI, Finland--(BUSINESS WIRE)--April 21, 1999-- Nokia has signed a frame agreement with Amena in Spain for the rollout of their GSM 1800 network. The contract, valued at approximately EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 110 million, marks a new GSM customer for Nokia, further strengthening its position in Europe. Nokia will deliver GSM 1800 equipment as the third base station supplier for the Amena network. This includes base station controllers, base stations, the Nokia Network Management System and cellular transmission equipment. The deal also includes a turnkey customer services agreement, covering site acquisition, implementation, technical support, training and network planning services. Deliveries will begin immediately, beginning in the Canary Islands region. "As a leading network supplier in Europe, we are very happy to have been chosen to deliver our GSM solutions to Amena in Spain," says Pentti Kamppinen, Area Vice President, South Europe and Southern Africa, Nokia Telecommunications. "This marks a new customer for Nokia. Retevision Movil will benefit from our ability to provide fast network rollouts and intelligent capacity and coverage solutions, as well as our capabilities in customer services, which have increasing significance in today's networks." Amena began building their network during the summer of 1998. The network currently has approximately 100,000 subscribers. Amena, based in Barcelona received the 3rd cellular license July 1998. The major shareholders within the company are Retevision with a 40.1% share in the company, Telecom Italia Mobile TIM (Telecom Italia Mobile) is Telecom Italia's mobile phone brand, and runs a GSM, EDGE, UMTS and HSDPA network in Italy and a GSM network with EDGE in Brazil. In Europe, TIM is part of the FreeMove alliance. TIM Peru was sold to América Móvil and rebranded Claro. with 23.3% and Endesa and Union Fenosa, both with 11.55%. Nokia offers total GSM systems, with everything from digital mobile phones to transmission and switching as well as extensive services and network management solutions for building, efficiently operating and developing these networks. With this co-operation, the number of operators to which Nokia supplies GSM technology increases to 83 operators in 38 countries. Nokia ranks as one of the world's leading suppliers of GSM networks. Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer monitors. In 1998, net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight totaled EUR 13.3 billion (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 15.7 billion, FIM FIM The ISO 4217 currency code for the Finnish Markka. 79.2 billion). Headquartered in Finland, Nokia is listed on five European Stock Exchanges This is a list of European stock exchanges. There are two major pan-European stock exchanges:
World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), has sales in over 130 countries and employs more than 44,000 people worldwide. |
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