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Nokia: deal with Orange

( - Orange and Nokia have reached an agreement to increase the use of refurbished equipment in telecommunication infrastructures.

The process of refurbishing equipment results in a reduction in CO2 emissions compared to the manufacture of new equipment. Furthermore, through this contract, Orange and Nokia want to offer a competitive and reliable alternative to network operators.

"On the Orange side, this agreement is part of a larger programme called OSCAR which will contribute to the achievement of the Net Zero Carbon objective in 2040 set by the group," Orange said.

This deal seems better for Nokia: in late morning trading today, Nokia shares are up about 1.3%, while Orange shares are down by about this.

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