China Mobile signs $1b agreement with Nokia

02 Nov 2015

China Mobile has signed an agreement with Nokia Networks worth over $1 billion covering the supply of mobile equipment and services that commenced delivery this year.

The framework agreement includes the supply of TD-LTE Advanced and VoLTE equipment, as well as other 2G/3G/4G core network technology.

It also covers the supply of software and professional services, including network planning and implementation services.

China Mobile has set a target of deploying 1 million TD-LTE base stations by the end of the year to build the world's largest TD-LTE network.

As well as core network equipment, the deal also covers the supply of technology to help China Mobile develop China's IoT ecosystem.

Nokia Networks and the China Mobile Research Institute have meanwhile signed an agreement covering joint co-operation on the development of 5G.

“This major agreement with China Mobile marks another milestone in our more than 20 years of partnership in the area of telecommunications,” Nokia Networks president of Greater China Mike Wang said in a statement.

“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 applications for areas as diverse as healthcare and connected cars.”

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