On Friday morning, multinational telecommunications giant Nokia is set to sign a deal to establish the world's largest fixed network testbed in Chennai. This testbed will spearhead Nokia's technological innovations in 10G (gigabit), 25G, 50G, and 100G passive optical networks.
The centre, involving an investment of about 450 crore, will be one of Nokia's largest research and development (R&D) laboratories (labs).
It will also focus on fixed wireless access, and multi-dwelling unit solutions, as well as access networks and home controllers.
The deal will be signed in San Francisco on Friday morning in the presence of Tamil Nadu Chief Minister (CM) MK Stalin, who is on a 17-day trip to the US to attract fresh investments.
This story is from the August 30, 2024 edition of Business Standard.
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This story is from the August 30, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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