Nokia announced that it has signed a major new deal with Viettel Group (Viettel) to deploy 5G equipment for the first time nationwide in Vietnam.

Nokia signed a deal to deploy locally manufactured 5G equipment across Vietnam for state-owned operator Viettel Group.

Shares of debt-ridden Vodafone Idea surged by more than 11% on Monday, following the announcement of a major deal to secure telecom equipment for its upcoming 4G and 5G network expansion. The telecom operator inked agreements worth $3.

Viettel Group lined up Nokia as a major equipment suppler for a planned 5G deployment across Vietnam's 22 provinces this year.

Nokia has secured a contract with Viettel Group to support the network carrier's 5G rollout in Vietnam. The deal will cover 22 provinces across the country, and also see Nokia bolster Viettel's 4G infrastructure. Deployment of the vendor's 5G network will begin this year.

Nokia has announced that it has signed a major new deal with Viettel Group to deploy 5G equipment nationwide for the first time in Vietnam.

Vodafone Idea signed contracts totaling around Rs 30,000 crore with Nokia, Ericsson, and Samsung to supply 4G and 5G network equipment for three years. This deal marks the first phase of the company's USD 6.

Vodafone Idea Ltd. has signed a $3.6 billion contract with companies including Nokia Oyj for the supply of equipment to the Indian phone carrier for a planned upgrade of its network.

Vodafone Idea has relied on its existing long-term partners, Nokia and Ericsson for its capacity expansion while also onboarding a new partner in the form of Samsung.