1. Nokia in $1.5 billion cloud network deal with China Mobile

Nokia in $1.5 billion cloud network deal with China Mobile

Nokia says it has signed a 1.36 billion-euro ($1.5 billion) framework deal with China Mobile to provide the operator with infrastructure and equipment for operating a cloud network.

By: | Helsinki | Published: June 14, 2016 8:48 AM
China Mobile is Nokia's largest client in China (PTI) Nokia said it will, among other things, provide China Mobile with a new type of 5G-ready base station allowing numerous radio technologies to operate at the same time and support various connection speeds in one base station. (PTI)

Nokia says it has signed a 1.36 billion-euro ($1.5 billion) framework deal with China Mobile to provide the operator with infrastructure and equipment for operating a cloud network.

The Finnish telecoms company said Monday the one-year deal with its key Chinese client entails ”seamless connectivity that will more efficiently meet the ever-growing data demands” of subscribers to the world’s largest mobile operator.

Nokia said it will, among other things, provide China Mobile with a new type of 5G-ready base station allowing numerous radio technologies to operate at the same time and support various connection speeds in one base station

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China Mobile is Nokia’s largest client in China and a longstanding business partner with ties dating back to 1994.

Tags: Nokia
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