Tele2 Russia has reportedly withdrawn its RUB478 million (US$6.2 million) lawsuit against Finnish vendor Nokia, after the company ceased supplying operators and departed the Russian market due to the invasion of Ukraine.
CNews reported citing Russian newspaper Vedemosti, that the Moscow Arbitration Court accepted Tele2’s decision and terminated proceedings, the Rostelecom-owned operator did not comment on its decision.
Legal proceedings were launched against Nokia in May 2022, after the vendor and rival Ericsson stated in April that year of intentions to depart Russia for humanitarian reasons after the invasion began in February.
Rostelecom-owned Tele2 Russia accused Nokia of not fulfilling its contract with the operator.
Analysts speaking to Developing Telecoms believe Chinese vendors will fill in the gaps left by the Nordic infrastructure providers.