ESPOO, Finland -- Nokia extends its existing, exclusive WCDMA 3G network frame agreement with Taiwan Mobile (TWM) to cover the Nokia High Speed Downlink Packet Access (HSDPA) solution and the new Nokia Flexi WCDMA Base Station. Nokia's HSDPA is a cost-effective, high performance solution that helps TWM tackle the challenges of providing high speed, quality services with optimized cost of delivery. The modular, high capacity Nokia Flexi WCDMA Base Station enables TWM to make more efficient use of its base station sites, leading to significant site cost savings through reduced site construction work, quick base station installation and decreased power consumption.

Nokia continues as the sole supplier of the WCDMA 3G network for TWM. The contract further strengthens Nokia's leading position in 3G networks and systems deployment in Taiwan. Nokia will provide TWM with circuit core network expansion, expand the operator's radio network with 3,000 base stations, and upgrade the network software with HSDPA. Nokia will also optimize the network for TWM. The network continues to be supported by Nokia NetAct(TM) network and service management solution.

"As the first wireless operator to launch 3G services using WCDMA 3G technology in Taiwan, Taiwan Mobile is pleased to continue our cooperation with Nokia to constantly improve our network capability and keep abreast of mobile technology developments for offering the most customer-centric solutions and services," says Harvey Chang, President and CEO, Taiwan Mobile. "We value our relationship with Nokia and see this as a win-win situation for both companies."

"We are honored to continue as TWM's WCDMA 3G supplier. The agreement further underlines our leadership in mobile networks," says Mike Wang, General Manager, Hong Kong and Taiwan, Networks, Nokia. "We are committed and fully prepared to support TWM in fulfilling the market's demand for state-of-the-art solutions with a network of high speed, capacity and quality."

Nokia Corp. (NYSE: NOK)