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09/19/2010 05:12 am ET | Updated May 25, 2011

NY's Harbinger Capital Makes $7 Billion Deal with Nokia

New York investment firm Harbinger Capital, which specializes in telecommunications holdings, plans to announce today an eight-year $7 billion deal with Nokia Siemens Networks to build and operate a mobile broadband network and satellite for wireless providers.

This new deal will feature the mobile high-speed Internet service and will

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