Nokia Networks wins US$1b China Mobile equipment contract
Framework agreement with China Mobile includes high-speed 4G equipment delivery
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Finnish telecommunications powerhouse Nokia Networks has landed a broad equipment supply and services deal valued at more than US$1 billion with China Mobile, the world's largest wireless network operator by subscribers.
Their framework agreement, which was signed in Beijing on Thursday, will involve delivery of Nokia Networks' high-speed 4G equipment built on the latest version of the mainland-developed standard called time-division long-term evolution, called TD-LTE Advanced.
Other hardware deployments include core network solutions that support 2G, 3G and 4G services, as well as voice-over-LTE technology.
Professional services include network planning, implementation and maintenance for China Mobile's 4G network roll-out from this year.
"This major agreement with China Mobile marks another milestone in our more than 20 years of partnership," Mike Wang, the president for greater China operations at Nokia Networks, said on Friday.
Nokia Networks is the telecommunications equipment subsidiary of former mobile phone giant Nokia Corp, which is listed in Helsinki and New York.
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