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Nokia Networks, China Mobile sign $1 billion agreement covering 2015 contracts

Nokia Networks, China Mobile sign $1 billion agreement covering 2015 contracts

Published on: 5th Nov 2015

Nokia Networks and China Mobile have announced a framework agreement for mobile communications equipment and services valued at more than USD1 billion.

Under the agreement, Nokia Networks provides its TD-LTE-A 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.

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.

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.

Tags: nokia networks  china mobile  China 

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