Tuesday, April 19, 2011

Nokia Corp. (NYSE:NOK) Offering Network Infrastructure Help

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Nokia Corp. (NYSE:NOK) Siemens Networks has decided to provide network infrastructure to TelCell. Nokia Corp. (NYSE:NOK) Offering Network Infrastructure Help Nokia Corp. (NYSE:NOK) Siemens Networks has been selected by TelCell, a mobile services arm of TelEm, to provide complete network infrastructure, including equipment and related turnkey services. Michael Jakob, the head of business development for the Caribbean at Nokia Corp. (NYSE:NOK) Siemens Networks said that, "3G and particularly HSPA not only introduces a new mobile broadband experience for subscribers, but also opens up new revenue streams for the operator. It also leads to lower costs for delivering voice services and increased network capacity, providing benefits to both end users and operators." Nokia Corp. (NYSE:NOK) shares were at 8.66 at the end of the last day’s trading. There’s been a -21.2% movement in the stock price over the past 3 months. Nokia Corp. (NYSE:NOK) Analyst Advice Consensus Opinion: Moderate Sell Mean recommendation: 3.17 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 3.03 Zack’s Rank: 2 out of 16 in the industry



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