Finland Times

 

File Photo - Lehtikuva.

Nokia Networks and China Mobile on Friday announced a framework agreement for mobile communication equipment and services valued at 970 million USD (760 million euros).

 

Nokia, in a statement, confirmed the signing of the agreement at the Sino-German Economic Forum in Berlin.

 

Under the terms of the agreement, Nokia Networks will provide its 4G TD-LTE technology including Evolved Packet Core (EPC) and GSM wireless networking equipment, core application platforms, OSS, software, and services to support China Mobile’s 4G wireless broadband network rollout in 2014 and 2015, said Nokia.

 

Deliveries under the agreement commenced in the first quarter of this year.

 

“This contract marks another milestone in the strategic partnership between China Mobile and Nokia Networks. We have been closely cooperating throughout the past years to jointly commercialize and globalize TD-LTE, and this agreement will further accelerate 4G TD-LTE development in China as well as worldwide,” said Markus Borchert, President of the Greater China region at Nokia Networks in the release.

 

China Mobile, the world’s largest wireless operator, is leading China’s TD-LTE network rollout and commercialization with over 500,000 4G base stations deployed, and has the goal of building the world’s largest TD-LTE network by the end of 2014.