In a bid to insulate itself from the ongoing crisis in the Indian telecom sector, networking major Nokia is diversifying its portfolio beyond mobile network operators to adjacent segments such as cable operators, power and transport companies and large enterprises that require IP network.
For instance, Nokia has transformed the existing network of Tata Power Delhi Distribution to a modern communications network to enhance power delivery to over seven million in its area of operation in North and North-West Delhi.
“The market is still flattish so our strategy is to go beyond the telecom space,” Sanjay Malik, Head of India Market, Nokia told BusinessLine. “We wanted to cover more of the customers outside the given telecom space. So we now serve utility companies, large enterprise businesses and webscale businesses. We are growing beyond the traditional path.
“Whether power utilities or gas companies, they are now putting their own very high-performance networks. Previously, they were more dependent upon a network provider; now they are dependent upon IP networks. So our IP portfolio fits very well with building such networks.”
Nokia is also big on the smart cities project and offering connectivity solutions that basically enables applications such as smart parking.
