Nokia signs €1 bn agreement with China Mobile

Nokia and China Mobile have signed a one-year frame agreement – valued at up to EUR 1 billion – to support transition to a future-oriented network infrastructure, while providing seamless connectivity.

Under the agreement, Nokia will provide China Mobile with end-to-end technology solutions to enable next-generation network for cloud and machine communications. Nokia will provide additional elements of its mobile radio access and core portfolio in addition to fixed access, IP routing and optical transport, customer experience management, as well as its services expertise delivering the quality, speed and reliability needed.

Nokia and China Mobile have also signed a memorandum of understanding for research and testing of the artificial intelligence (AI) and machine-learning capabilities of next-generation networks for the delivery of intelligent network optimization and radio resource management.

The frame agreement builds on a longstanding relationship between Nokia and China Mobile in developing, trialling and deploying new technologies to enable seamless cloud connectivity and faster, more affordable internet access, meeting new demand while evolving networks for the future.

The agreement was signed at the recent Sino-German Economic Forum by Li Huidi, Vice President of China Mobile, and Hans-Jurgen Bill, Executive Vice President and Chief Human Resources Officer of Nokia and also Chairman of the Board of Directors of Nokia Networks in Germany. The German Chancellor Angela Merkel and the Chinese Premier Li Keqiang also attended the forum.

Mike Wang, President of Nokia Shanghai Bell said, “This is a highly significant agreement with our long standing partner that consolidates Nokia’s position as a leading provider of next-generation technologies and services in China. We are committed to delivering industry-leading, end-to-end capabilities that will allow operators to dramatically increase performance, which will introduce new possibilities for networks of the future.”

 

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