India's Jio set to sign $1.7b deal with Nokia for 5G equipment: report

India's Jio set to sign $1.7b deal with Nokia for 5G equipment: report

FILE PHOTO: A man walks across the LED board showing the logo of Jio at the ongoing India Mobile Congress 2022, at Pragati Maidan, in New Delhi, India, October 3, 2022. REUTERS/Anushree Fadnavis

India’s Reliance Jio Infocomm is likely to sign a contract worth $1.7 billion with Nokia this week to purchase 5G network equipment, the Economic Times reported on Thursday, citing people aware of the matter.