Friday, September 7, 2007

Nokia siemens enters Israel!

The telecom market is booming in Israel and the middle east and now the Indian set up of Nokia-Siemens has won an order for networking from the Israeli cell giant Cellcom.this is a feather of sorts in the cap of the Nokia-Siemens cap.what this will entail is that they would end up supplying a core and broadband network to the Israeli company and this would also entail an entry of sorts in to a very competitive field in the middle east.of late,Indian companies and the Indian-western merged companies are diversifying at a very rapid pace.but of course,the recent credit scare has dried up the liquidity in the market but whether this will have an effect on the expansion remains to be seen!

israel,economy,mobile,network,india,

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