Nokia extends strategic partnership with Wipro for five years

27 Jul 2022 , 02:46 PM

Wipro Limited has announced a new five-year strategic engagement with Nokia, the world’s leading multinational, networking, telecommunications and consumer electronics company. This new agreement builds on a partnership that  was originally established over 20 years ago.

Wipro will deliver global business services in support of Nokia’s renewed operating model across order management supply chain, finance, and accounting operations. 

For Nokia, this represents a major step towards digitalization of its operations by leveraging Wipro’s unique transformation and innovation abilities.

“To support Nokia GBS’ service delivery transformation, Wipro has been selected as our long-term partner over the next five years. This marks a prominent milestone in our journey aimed at delivering tangible benefits to Nokia Business Groups,” said Rod Lindsay, Vice President, Global Business Services, Nokia.

“With this strategic partnership with Nokia, the Company’s goal is to enable Nokia to win in the 5G world,” said Vinay Firake, Senior Vice President & Managing Director, Nordics, Wipro Ltd.

At around 2:47 PM, Wipro was trading at Rs406 per share up by Rs0.8 or 0.2% from its previous closing of Rs405.20 per share on the BSE.