China Mobile Signs EUR 1.36 Billion Deal with Nokia

China Mobile awarded a one-year frame agreement valued at up to EUR 1.36 billion to Nokia.

Under the deal, Nokia will deploy its 5G-ready AirScale Base Station, which allows multiple radio technologies to operate simultaneously in one base station, and also additional elements of its mobile radio access and core portfolio in addition to fixed access, IP routing and optical transport, customer experience management, operational support system (OSS) and third party products as well as its global Services expertise.

The agreement was signed at the Sino-German Economic Forum 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.  The German Chancellor Angela Merkel and the Chinese Premier Li Keqiang attended the forum.

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