VOL. XLIV

No 41

8-October-2001

SAUDI ARABIA

Nokia Wins $200Mn GSM Contract InSaudi Arabia

Finlands Nokia announced on 26September that it had been awarded a $200mn contract by the Saudi TelecomsCompany (STC) to expand part of its GSM network. STC is planning to increaseits GSM capacity to five million subscribers. The latest contract will coverthe areas of the holy cities of Mecca and Medina.

Canadas SR Telecom Inc announcedon 30 August that it had signed a five-year $100mn frame supply and...