Nokia and Pannon GSM of Hungary have signed an extension agreement in their long-term co-operation for the supply of GSM equipment, extending the scope of the frame contract signed in January 2001. The new agreement is worth more than USD 50 million.
Nokia remains the major supplier for Pannon GSM's network. Nokia will continue to supply GSM network infrastructure equipment to Pannon GSM, including mobile switches, base stations and other network elements needed for a state-of-the-art GSM network.
"This agreement continues our long-term cooperation with the aim of further enhancing the capacity and the quality of our network to provide the best quality services to our customers," said Björn Flakstad, CEO of Pannon GSM.
"We are proud to be working closely with the fastest growing Hungarian GSM operator and to be supporting Pannon GSM's objective to serve their customers on the highest level," said Thomas Högberg, senior account manager of Nokia Hungary Kft.
The contract is the continuation of the co-operation that began in 1993 when Nokia was chosen to supply a GSM network to Pannon GSM. Pannon GSM's network has been operational since 1994. Pannon GSM is currently owned by Sonera, Telenor and KPN. At the end of December 2001 Pannon GSM had more than 1.9 million subscribers.
Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is one of the most broadly held companies in the world with listings on six major exchanges.
Further information:
Communications Department, Nokia Networks
Tel. (Int.) + 358 (0) 7180 38195
E-mail nokia.networks@nokia.com
www.nokia.com