Nokia wins a GSM network contract with Telefónica Móviles Colombia

First agreement for introducing Nokia MSC Server System in Telefónica Móviles Group

December 01, 2005, Espoo, Finland - Nokia and Telefónica Móviles have agreed to provide a complete GSM system deal to Telefónica Móviles Colombia which includes GSM radio access and MSC Server System (MSS), giving Telefónica Móviles the chance to broaden its service offering to its customers. The deal marks a new customer for Nokia.

“Nokia has shown understanding of our customer requirements, and has been a reliable supplier of network equipment and services to meet those requirements,” says Sergio Regueros, CEO, Telefónica Móviles Colombia, “Through this new deal, movistar takes a step forward to provide the best and widest range of services in Colombia and in the immediate future, will enable the migration to more advanced mobile services.”

Nokia is supplying Telefónica Móviles subsidiary in Colombia with a new mobile softswitch: Nokia MSC Server System, compliant with the 3GPP release 4 standardization. Nokia is also supplying a country-wide GSM radio network, complemented by Nokia NetAct (TM) network service and management system, Operations Support System (OSS) and operations support for three months. The deal includes network planning, installation, optimization services and training. Deliveries have already begun.

“This agreement reinforces our successful cooperation with Telefónica Móviles in Latin America, enabling them to expand their offering in the voice and data market in Colombia,” says Guillermo Mairena, Account Director for Telefónica Móviles, Networks, Nokia. “In addition, it strengthens the leadership of Nokia in the area of new switching solutions, which will allow Telefónica to be ready to implement 3G services and to take advantage of important savings in transmission costs.”

About Telefónica Móviles S.A.
Telefónica Móviles, a Telefónica Group company, is the world’s second-largest mobile telephony multinational and the leading cellular company in the Spanish-and Portuguese- speaking markets. The company has operations in 15 countries across three continents and a customer base that exceeded 89 million at September 30, 2005. During 2004, Telefónica Móviles obtained revenues of 11.828 billion euros. Ebitda rose 5.3% in the year, to 4.701 billion euros, while net profit totalled 1.634 billion euros. The company’s shares trade on the Spanish stock exchanges and the New York Stock Exchange under the ticker symbol tem. For more information visit our website: www.telefonicamoviles.com

About Nokia
Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations. www.nokia.com.

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