Nortel to build 3G for Telefonica

Nortel Networks [NYSE/TSE: NT] has signed a $250m deal to build out 3G networks for Telefonica Moviles SA in Spain and Germany.

Nortel to build 3G for Telefonica

Nortel Networks [NYSE/TSE: NT] has signed a $250m deal to build out 3G networks for Telefonica Moviles SA in Spain and Germany.

Nortel is to finance $230m of the $250m contract over three years. The network rollout is scheduled to commence in Q2 2002.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited