Under the deal, Nokia will also modernize Airtel's existing 4G network with multiband radios and baseband equipment.

Nokia Corporation (NYSE:NOK) shares are trading higher premarket on Wednesday. The company secured a multi-year, multi-billion USD contract extension with Bharti Airtel to deploy advanced 4G and 5G equipment across key regions in India.

The agreement is expected to enhance Airtel's 5G capacity while supporting its network transformation efforts and modernise its 4G network

Nokia and Bharti Airtel (Airtel) have announced a major multi-year, multi-billion dollar deal to expand 4G and deploy 5G equipment across key locations in India. This agreement builds on a 20+ year partnership between the two companies.

Finnish telecom company Nokia has signed a multi-year, multi-billion dollar contract with Bharti Airtel to provide 4G and 5G infrastructure across India. The agreement aims to enhance Airtel's network capabilities,

Finnish telecom gear supplier Nokia has won a multi-year, multi-billion deal from Bharti Airtel to deploy 4G and 5G equipment across key Indian cities and states, a release said on Wednesday. According to the contract,

Airtel's deal with Nokia involves deploying equipment from its AirScale portfolio, enhancing Airtel’s 5G capacity while upgrading existing 4G infrastructure across major Indian regions.

As part of the deal Nokia will deploy equipment from its ‘5G AirScale’ portfolio, including base stations, baseband units and the latest generation of Massive MIMO radios, powered by its ‘ReefShark System-on-Chip’ technology.

Finnish telecom equipment supplier Nokia on Wednesday said it had won a "multi-billion" dollar deal with India's Bharti Airtel for delivery of 4G and 5G equipment. Sources familiar with the talks told Reuters last month Nokia and Bharti were nearing a deal worth several billion dollars to expand Bharti's network in India.