Nokia extends manufacturing of fibre broadband equipment to India

Telecom equipment maker Nokia on Thursday said it will extend manufacturing of PON optical line terminals (OLTs) to its factory in Sriperimbudur near Chennai to cater to rising demand from local customers in India and global markets.

PON stands for Passive Optical Network.

In a statement announcing the latest move, Nokia said shifts in consumer behaviour, from home working to data-rich entertainment services, are driving demand for broadband.

“This demand is matched by strong institutional support with significant funding from governments and private equity funds around the world that are driving investments in broadband and fibre connectivity,” according to the company.