Nokia Networks to build unit in Chennai

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NEW DELHI (Reuters) - Nokia Networks will build a global network solution centre in Chennai to offer services to its global clients, a senior company official said on Friday.

"This centre will play a key role for us in our drive to ease the cost pressures that our clients are feeling," Bosco Novak, senior vice-president at Nokia Networks, told a news conference.

The unit will start operations in the first half of 2006 with about 100 staff, he said.

Nokia Networks generates roughly 20 percent of total sales at the world's top mobile phone maker Nokia.

Nokia has contracted managed services with 35 clients in 28 countries and has provided operating services for more than 20 carriers globally.

Global telecom giants are eyeing India, the world's fastest growing mobile market where demand has been boosted by a rapidly expanding economy.

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