After evaluating a number of sites in India, Nokia has announced that it will locate its new Global Networks Solutions Center in Chennai. The center will perform network operation tasks for selected operator customers in the Asia Pacific region as well as Europe, the Middle East and Africa, and play a key role as part of the company's expanding and innovative managed services offering. It will start operations in the first half of 2006 and initially employ around 100 people, with this figure expected to rise in the next few years. The announcement was made in Delhi by Bosco Novák, senior vice president for services, networks, Nokia, at a special ceremony hosted by Shri Dayanidhi Maran, the Honorable Minister for Telecommunications and Information Technology. "This center will play a key role for us in our drive to ease the cost pressures that our clients are feeling. This investment manifests our position as innovation leader in our industry," Novák said. "With its wealth of skilled people and leading technology know-how, India is a very important market for Nokia and we're pleased to expand our presence here."

In reply, Minister Maran commented, "We are very happy to see a world leader like Nokia extend its already considerable commitment to India, and look forward to deepening our ties in the years to come." He added, "This investment reaffirms India's position as the country of choice for expanding global telecommunications companies." The announcement is the latest sign of the company’s strong commitment to India and its robust market. It has played a pioneering role in the growth of cellular technology in India and today the company’s operations there include networks and terminals sales divisions and three research and development facilities. Also, a manufacturing facility for mobile devices and GSM infrastructure is set to open in Chennai in the first half of 2006.