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4G/3G/WiFi

Nokia, China Mobile Ink $1B Deal

BEIJING -- Nokia Networks and China Mobile have announced a comprehensive framework agreement for mobile communications equipment and services valued at more than one billion USD (930 million euros). The agreement was signed on October 29 by Li Huidi, Executive Vice President at China Mobile, and Hans-Juergen Bill, Executive Vice President at Nokia and also Chairman of the Board of Directors of Nokia Networks GmbH & Co KG in Germany, in the presence of Chinese Premier Li Keqiang and German Chancellor Angela Merkel.

Under the agreement, Nokia Networks provides its TD-LTE-Advanced technology and 2G/3G/4G core network solutions including Voice over LTE (VoLTE). Software and professional services, including network planning, implementation and care, will support China Mobile's 4G network rollout during 2015 and beyond. The operator plans to deploy one million TD-LTE base stations by the end of the year to build the world's largest TD-LTE network.

Nokia's network infrastructure capabilities and technical expertise will also help China Mobile drive the evolution of China's Internet of Things (IoT) ecosystem by offering connectivity for healthcare, connected cars and other IoT applications. In addition, Nokia Networks and China Mobile Research Institute (CMRI) signed a Memorandum of Understanding (MOU) on their strategic cooperation in the evolution and development of 5G.

Nokia Networks

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