Nokia Networks signs 930 million euros deal with China Mobile

NEW DELHI: Telecom equipment vendor Nokia Networks has said that it has signed more than one billion USD (930 million euros) deal  with China Mobile for mobile communications equipment

Under the agreement, Nokia Networks provides its TD-LTE-Advanced technology and 2G/3G/4G core network solutions including Voice over LTE (VoLTE).

Software and professional services, including network planning, implementation and care, will support China Mobile's 4G network rollout during 2015 and beyond. The operator plans to deploy one million TD-LTE base stations by the end of the year to build the world's largest TD-LTE network.

Nokia's network infrastructure capabilities and technical expertise will also help China Mobile drive the evolution of China's Internet of Things (IoT) ecosystem by offering connectivity for healthcare, connected cars and other IoT applications.

In addition, Nokia Networks and China Mobile Research Institute (CMRI) signed a Memorandum of Understanding (MOU) on their strategic cooperation in the evolution and development of 5G.

Mike Wang, President of Greater China, Nokia Networks, said: "This major agreement with China Mobile marks another milestone in our more than 20 years of partnership in the area of telecommunications. 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."