Nokia Siemens Networks is to all set to begin LTE equipment manufacturing facility in Russia, in cooperation with Russian manufacturers, Rusnano, Micran and the Tomsk Oblast Administration. The hardware will be produced in the Tomsk Special Economic Zone.
The four parties signed the document prior to a conference in Tomsk led by Prime Minister Vladimir Putin.
According to Executive Board Chairman Anatoly Chubais, this project demonstrates how rapidly the high-technology sector is gaining momentum in the country’s economy. For Rusnano, technology transfer to Russia, transfer of knowledge from one of the world’s leading telecommunications companies, makes this project especially interesting. Moreover, it offers Russian manufacturers a chance to become vendors of the latest equipment for 4G telecom networks.
According to Kristina Tikhonova, General Director of Nokia Siemens Networks in Russia, this agreement demonstrates the strategic importance of Russian market for their company. This is a tangible and substantial step in transferring to Russian companies’ competencies of developing innovative technologies. The government support for R&D, engineering and production chain in Russia is very important and there is work being done towards establishing all the building blocks in Russia, from R&D to localized production and support centers for solutions.
www.WirelessFederation.com/news: Financial support from the Russian government for Indian mobile operator SSTL has been announced by Russian Prime Minister Vladimir Putin. SSTL operates under the brand name MTS India. He made the announcement while on a visit to India.
20 percent stake in SSTL is also planned to be purchased by the Russian government for USD 676 million.
www.WirelessFederation.com/news: The Russian government has reportedly reached an agreement with Sistema to buy its holdings in Svyazinvest and SkyLink. The report, which cites a letter from Communications Minister Igor Shchyogolev to Prime Minister Vladimir Putin, claims that as part of the government’s plans to play a bigger role in the telecoms industry it will take on Sistema’s RUB26 billion (USD827.7 million) debt to Siberbank in order to acquire the conglomerate’s 25% plus one share stake in telecoms group Svyazinvest and its 50% stake in mobile operator SkyLink. With this agreement, the government will get 100% control over Svyazinvest’s operations.