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Nokia Signs India Pact

The deal is worth an estimated $400 million.

India's Bharti Airtel gave


(NOK) - Get Nokia Oyj Report

a contract worth an estimated $400 million to expand its managed telecom networks in eight regions.

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The contract runs for three years. Nokia will provide managed services and expand Airtel networks to cover all towns and cities in the areas based around Mumbai, Maharashtra and Goa, Gujarat, Bihar, Orissa, Kolkata, West Bengal and Madhya Pradesh.