China Mobile inks USD1bn deal with Nokia

30 Oct 2015

China Mobile has signed a framework agreement worth more than USD1 billion with Finnish vendor Nokia Networks, covering the delivery of Time Division LTE Advanced (TD-LTE-A) technology and 2G/3G/4G core network solutions, including voice-over-LTE (VoLTE). The agreement also covers software and professional services, network planning and implementation during 2015-2016, with cellco aiming to deploy one million TD-LTE base stations by the end of 2015. Nokia Networks and China Mobile Research Institute (CMRI), meanwhile, signed a memorandum of understanding (MoU) to cooperate on the evolution and development of 5G technologies.

Commenting on the pact, Nokia Networks’ president of greater China, Mike Wang noted: ‘Our agreement will further accelerate TD-LTE development in China and around the world. In addition, we are also helping China Mobile to support and promote the use of innovative IoT [Internet of Things] applications for areas as diverse as healthcare and connected cars.’