Nokia to host its first investor event in India

By Our Corporate Bureau | 22 Aug 2005

Mumbai: Nokia''s first ever global investor meet in India will be held in new Delhi on August 25, to coincide with the 10th annversary of mobile telephony in India. The event is aimed at global investors, financial and industry analysts from a number of global investment banks, financial institutions and research houses.

The theme of this year''s regional event is "Focus on India", and will include presentations from Nokia''s top management including Simon Beresford-Wylie, networks business group head, executive vice president and general manager in India. . Incidentally, the first-ever mobile call in the country was made using a Nokia phone on a Nokia-deployed cellular network. Since then, Nokia has consolidated its presence in both handsets and networks.

"India is already amongst the top five telecom markets in the world and is set to reach the third position in the next few years. This exponential growth will require large-scale investments. Keeping this in mind, Nokia decided to host its investor event in India. The event will showcase India as an investment destination and provide the global investor community an opportunity to interact with senior representatives of Indian telecom industry." says Beresford-Wylie.

He added, "This year also marks a decade of mobile telephony in India, a decade in which Nokia has been a proud partner and key enabler of the local industry. The Nokia investor event commemorates this milestone and reinforces our long-standing commitment to the local market to drive growth."

Nokia''s history in India includes:

  • The first-ever mobile call in India on a Nokia-deployed network from a Nokia handset over 10 years ago.
  • Focusing on localization initiatives to drive adoption
  • 1998, Saare Jahaan Se Acchha, first Indian ring tone (Nokia 5110)
  • 2000, First Hindi user menu (Nokia 3210)
  • 2002, First Hindi text input (Nokia 3610)
  • 2003, First Made-for-India phone, the Nokia 1100
  • 2004, Saral Mobile Sandesh, Hindi SMS on a wide range of Nokia phones
  • Setting up India''s first EDGE Network for IDEA Cellular in Delhi
  • Leading vendor of GSM network equipment to all of the top five operators in the country.

Nokia''s operations in India include networks and terminals sales divisions, three research and development facilities and an upcoming manufacturing facility in Chennai to produce terminals and GSM infrastructure equipment.

Nokia is the global leader in mobile communications.

 

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