Nokia to host investor event in India

Posted on | August 23, 2005 |

Nokia’s first ever global investor meet in India will be held in New Delhi on August 25, to coincide with the 10th anniversary 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.

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 seeing strong growth in the Indian market with a market share of 70% and selling 8 out of the top 10 phone models. Some tidbits from Nokia’s history in India:

* 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

Source: domain-B

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