iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Nokia to manufacture passive optical network line terminals in Chennai

10 Feb 2023 , 11:17 AM

Nokia will manufacture passive optical network (PON) optical line terminals (OLTs) in Chennai to meet rising demand from domestic and international customers.

In addition, the telecom equipment maker will open a device testing facility in Bengaluru for enterprise customers, with the larger goal of driving industry 4.0 adoption in the country.

The announcements follow the recent awarding of 5G equipment contracts to Nokia and its Swedish rival Ericsson by India's top telecom operators, Reliance Jio and Bharti Airtel.

Changes in consumer behaviour, work from home, and consumption of data-rich entertainment services, according to Nokia, are driving demand for fibre broadband. Governments and private equity funds are also providing institutional support and investments in broadband and fibre connectivity.

It stated that while much of this demand will come from fibre to the home (FTTH), there will also be significant demand from telecom operators as they deploy 5G and require next-generation fibre in their transport networks to handle the expected surge in data traffic.

According to Nokia, demand for fibre is shifting to new regions, with the Asia-Pacific region seeing strong demand in markets such as Japan, India, and Southeast Asia. Nokia is currently involved in the Indian government's production-linked incentive (PLI) program.

For feedback and suggestions, write to us at editorial@iifl.com

explored-media

Related Tags

  • Airtel
  • Nokia
  • Nokia News
  • Sony Ericsson
  • Telco News
  • Telecom News
  • telecom operator
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.