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As per the reports that have been circulating around, Nokia, the Finnish multinational communications and information technology company has claimed that it is now India's top 4G LTE vendor, having bagged 120 contracts from telecom operators so far in 2016.
Nokia currently leads the market with maximum share, besides leading the VoLTE market with almost 100 percent market share.
In an interaction with the Economic Times, Nokia's new India head, Sanjay Malik stated that the company has reached number one in LTE (4G) market on the basis of all deals that concluded before and after the spectrum auction.
While most of the deals have already been done, Malik declared that Nokia attained the number one spot in terms of circles and the number of base stations that was going to be rolled out in the days to come.
Currently, 4G LTE services are being offered by Bharti Airtel, Vodafone India, Idea Cellular, Telenor, Reliance Communications and Aircel in India. On the 4G front, Nokia has bagged deals from the big Telcos like Bharti Airtel, Vodafone India, and Idea Cellular.
On the other hand, Nokia, which competes with the likes of Ericsson, Huawei, Samsung and ZTE in the telecom network market, has claimed to have bagged deals double as compared to last year.
Moreover, Malik focusing on the Indian market said that Nokia has seen the majority of telcos' investing in both coverage and capacity. Making it more clear, he said that it was also not only about 4G and building a seamless broadband experience, but it was about telcos adopting IoT as well.
Now, as Telcos were looking to optimize their cost of operations to keep it at a minimum, Malik expressed that Nokia's portfolio was most suitable and went beyond mobility into optics, IP, and fixed networks, along with applications and software.
He added that Nokia's deals with the existing service providers will be growing with IP, optics, and fixed networks requirements.