Nokia rides 5G wave, surging data consumption to entrench its position

Nokia - working with all existing telecom players in the country - is witnessing an urge among players to prepare their networks with 5G technology in advance

Telecom network gearmaker Nokia is riding on the renewed vigour among service providers in the wake of 5G technology launch in the country. The company, that offers end-to-end solutions to telecom and internet service providers, has observed nine consecutive quarters of growth in December 2018, said Sanjay Malik, senior vice-president and head of Nokia Solutions and Networks India.

The ongoing consolidation in the telecom services space has weeded out a large number of players like Aircel, Reliance Communications, and Telenor. However, Malik says, a wide range of products and solutions helped Nokia grow its business.

Nokia’s diverse portfolio that includes