ESPOO, Finland -- Nokia (NYSE: NOK) extends its existing WCDMA 3G radio network contract with TIM Hellas in Greece and expands the agreement to cover the Nokia High Speed Downlink Packet Access (HSDPA) solution and the new Nokia Flexi WCDMA Base Station. This is the first publicly announced contract including Nokia Flexi WCDMA Base Station. Nokia will continue as TIM Hellas' sole 3G radio network supplier.

Nokia will also provide a Mobile TV solution as well as Care Services including Nokia Spare Parts Management services. "Nokia delivery and care services have been an important cornerstone for building the first phase of our 3G network. As we now extend our coverage and evolve further our network we see HSDPA as a strategic match for the advanced services offered through our WAP Portal" says Mr. Zacharias Piperidis, Chief Network Officer, TIM Hellas.

"We are delighted with the continued trust of TIM Hellas towards Nokia. With Nokia radio network solution, TIM Hellas can easily extend their network coverage and evolve their network to the advanced technologies, while protecting their investments," says Mr. Athanasios Exarchos, Senior Account Manager, Nokia Hellas.

The modular, high capacity Nokia Flexi WCDMA Base Station is an innovation enabling operators to make more efficient use of their base station sites than ever before, leading to significant site cost savings through reduced site construction work, quick base station installation and decreased power consumption.

In WCDMA 3G, Nokia has 61 customers to date. Nokia's high-performing HSDPA is a simple software upgrade to Nokia WCDMA networks, thus enabling a fast, cost-effective rollout. Nokia HSDPA offers almost 10 times faster data services than current 3G networks, meaning an enhanced service experience. Nokia is a leader in the HSDPA market, with a large number of HSDPA contracts. Many network operators have already opened their HSDPA networks with the Nokia solution.

Nokia Corp. (NYSE: NOK)