China Mobile and Nokia Sign Supply Contract

Nokia Networks and China Mobile signed a comprehensive framework agreement for mobile communications equipment and services valued at more than US$1 billion (EUR 930 million). Deliveries under the agreement commenced in Q1 2015 and will continue in 2016.

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.

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.

http://company.nokia.com/en/news/press-releases/2015/10/30/nokia-networks-china-mobile-sign-one-billion-usd-agreement-covering-2015-contracts