Future Tech

Russia's Putin gives Rostelecom approval to buy Nokia out of joint venture

Tan KW
Publish date: Thu, 30 May 2024, 06:49 AM
Tan KW
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Future Tech

Russian President Vladimir Putin on Wednesday authorised a subsidiary of telecoms firm Rostelecom to buy Nokia Solutions and Networks' stake in a software joint venture between Rostelecom and Nokia, according to a decree.

Finland's Nokia said in April 2022 that it would exit the Russian market after Moscow despatched troops to Ukraine in February 2022.

 


  - Reuters

 

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