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Nokia Networks inks $970 million deal with China Mobile

nokia networksNokia Networks has recently received People’s Republic of China Friendship Award” and now it has been followed by a big $970 million deal with China Mobile.

Nokia Networks and China Mobile today announced a framework agreement for mobile communication equipment and services valued at 970 million USD (760 million euros). The agreement was signed at the Sino-German Economic Forum in Berlin by Li Huidi, Vice President of China Mobile, and Hans-Juergen Bill, Executive Vice President at Nokia and also Chairman of the Board of Directors of Nokia Networks GmbH & Co KG in Germany.

China Mobile is the world’s largest wireless operator and has the goal of building the world’s largest TD-LTE network by the end of 2014. Nokia Networks has supplied half of all commercial TD-LTE networks globally and is the only vendor to have deployed TD-LTE on all six continents.

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Nayan

Nayan has more than 10 years of experience of covering Technology and innovations. He is a big Nokia fan and Tech disruptions aficionado. He loves to review new cool gadgets and writing about Android, iOS, Gadgets and general Technology stuff. He has been associated with other well-known Tech sites WinCentral and GadgetOx since long.

He currently sports a Lumia 950 XL and Nexus 5X. Other interests include listening to Nu-Metal Hits and Kick-Boxing.
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