Diabytes
Telecom equipment maker News
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Mobile telecom equipment maker Ericsson said its North American mobile broadband business had stabilised as its posted second-quarter sales and operating profit above market expectations on Friday, boosted by its Networks business.
As part of the partnership, HP will provide an array of IT services, while Microsoft will be the key enabler for transferring the IT services.
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India, which accounts for the largest employee base for Nokia, is a "strategic" market for the telecom equipment maker, its India-born President and CEO Rajeev Suri said on Tuesday.
Nokia sold its struggling handset business in April to Microsoft in a 5.6 billion euros ($7 billion) deal that transformed it into an almost pure play network equipment maker.
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