The agreement covers the delivery of Nokia Networks equipment such as Basestation Transceiver Station, Mobile Switching Center and Transit MSC Upgrades, Home Location Register, Intelligent Network, as well as the implementation services related to the Network SubSystems elements. This deal follows the recent announcement for Nokia to rollout Globe's EDGE network solutions in Metro Manila.
Deliveries are expected to start in first quarter 2004, with equipment put into operation based on a progressive schedule.
Globe's Phase 10 Network expansion project is aimed at providing coverage to rural areas and adding capacity to the network to meet forecasted subscriber growth in 2004.
Nokia has been working with Globe Telecom since 1994, providing turnkey services for the operator's GSM/GPRS infrastructure over this period.
"Nokia is happy to strengthen our relationship with Globe and to continue supporting Globe's expansion plans in providing quality coverage to rural areas," said Raymund Delval, Account Director for Globe, Nokia Networks.
About Globe
Globe Telecom, Inc. is one of the leading providers of digital wireless communication services in the Philippines utilizing a fully digital network based on Global System for Mobile Communication (GSM) technology. Primarily owned by Ayala Corporation and Singapore Telecom International, it also offers a broad range of wireline voice communication and data transmission services as well as domestic and international long distance communication services.
About Nokia
A market leader in the cellular industry in Asia Pacific, Nokia provides innovative, industry leading and market-relevant technology and products to around 20 diverse markets in the region.
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 a broadly held company with listings on five major exchanges.
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