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Nokia wins €320 mln network contract from Russia's MegaFon

Nokia Oyj, the world's largest maker of mobile-phones, won a contract worth more than €320 million ($422 million) to expand a wireless network for Russia's OAO MegaFon.

As part of the contract, Nokia will also supply services including project management, installation and software maintenance, the Espoo, Finland-based company said today in a Hugin statement. (Bloomberg)