Nokia Networks has inked a framework agreement with China Mobile, the world’s largest wireless operator to provide its 4G TD-LTE technology including Evolved Packet Core (EPC) and GSM wireless networking equipment, core application platforms, OSS, software, and services to support the mobile operator's 4G wireless broadband network rollout in 2014 and 2015. The contract for mobile communication equipment and services is valued at USD970 million (760 million euros).
The agreement was signed at the Sino-German Economic Forum in Berlin by Li Huidi, Vice President of 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.
Nokia with 46 TD-LTE radio references said that the company provides approximately half of all commercial TD-LTE networks globally and is the only vendor to have deployed TD-LTE on all six continents. Nokia has also established a complete TD-LTE value chain in China, including TD product headquarters, product design, R&D, testing, manufacturing, procurement, sales and marketing.
“This contract marks another milestone in the strategic partnership between China Mobile and Nokia Networks. We have been closely cooperating throughout the past years to jointly commercialize and globalize TD-LTE, and this agreement will further accelerate 4G TD-LTE development in China as well as worldwide.”
- Markus Borchert, President of the Greater China region at Nokia Networks
