Nokia Signs USD1.5 Billion Framework Agreement With China Mobile

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Aiming to help China Mobile realize its transform to a flexible cloud network infrastructure by providing seamless networking functions, Nokia has signed a hefty deal with the Chinese telecommunications provider.

The term of the agreement is one year with a value of EUR1.36 billion, which is about USD1.5 billion.

According to the agreement, Nokia will deploy the 5G-ready AirScale base station solution for China Mobile. This solution will enable the simultaneous running of multiple wireless technologies in a single base station while providing unlimited expandability to support 5G speed and meet increased Internet of Things demand.

Nokia will also provide China Mobile with fixed access, IP routing and optical transmission, customer experience management, operational support system, third party products, and global service support. The s...

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