Finland's Nokia is in talks with Bharti Airtel about securing a multi-billion dollar contract to provide 5G telecom equipment for the Indian mobile operator which is expanding its network, three sources familiar with the matter said.

Nokia ( NYSE: NOK) is in discussions with Bharti Airtel about securing a multi-billion dollar agreement to provide 5G telecom equipment to the Indian mobile operator, which is bolstering its network, Reuters reported citing people with knowledge of the matter.

Finland’s Nokia is in talks with Bharti Airtel about securing a multi-billion dollar contract to provide 5G telecom equipment for the Indian mobile operator which is expanding its network, three sources familiar with the matter said.

Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel , according to two sources familiar with the matter.

The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, said the report

Swedish telecom gear manufacturer Ericsson (NASDAQ:ERIC) has received a new multi-billion dollar contract for 5G equipment from Indian telecom company Bharti Airtel, Reuters reported on Monday, citing two sources familiar with the matter.

Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel , two sources familiar with the matter said. This comes after Ericsson got part of a $3.