Wednesday, January 22, 2025
24.9 C
Lagos

China Mobile Awards $1.5bn Contract to Nokia

Nokia has won an order worth just over $1.5 billion to supply network upgrades to China Mobile.

Under the agreement, Nokia will deploy its AirScale Base Station, which allows multiple radio technologies to operate simultaneously in one base station and offers scalability to support 5G speeds and IoT demand.

Nokia will also provide additional elements of its mobile radio access and core portfolio in addition to fixed access, IP routing and optical transport, customer experience management, operational support system (OSS) and third party products as well as its global Services expertise.

Going forward, Nokia and China Mobile will work to define the products and services that will enable the operator to meet ever-growing demands in a country where the majority of Internet users – 620 million of a total 688 million – use mobile devices to connect. Mobile phones were the most popular choice for 71.5 percent of new users accessing the Internet in China during 2015.

Mike Wang, President of the joint management team of Nokia Networks China and ASB, said: “This is a highly significant agreement with our longstanding partner; it strengthens Nokia’s position as a leading provider of next-generation technologies in China, and reflects our larger footprint in the country following the acquisition of Alcatel-Lucent.”

spot_img
spot_img
spot_img

Hot this week

Linkage Assurance CFO Becomes Pioneer Chairman of ICAN-NIA Chapter

L-R: Bola Odukale, Director-General/CEO, Nigerian Insurers Association (NIA); Etofolam...

NAICOM, Police Partner on Enforcement of Third Party Motor Insurance

The Commissioner for Insurance and Chief Executive Officer of...

Fidelity Bank Strengthens Leadership with New Board Appointments

In a strategic move to sustain its impressive performance,...

PenOp Explains the Contributory Pension Scheme Process in Nigeria

Understanding How Monthly Pensions Are Paid to Retirees Under...

Sovereign Trust Insurance Receives Appreciation Plaque from Atinuke Cancer Foundation

L-R: kayode Adigun, Executive Director, Finance and Corporate Services;...

Topics

UNDP @ 50: ‘World Must Step Up to Beat Poverty by 2030’

Meeting the Sustainable Development Goals (SDGs) is only possible...

NSE/LSE Capital Market Conference in London

L  - R shows Diane Cote, Chief Risk Officer,...

3-Day Bearish Run Pulls Market YTD Loss to 2018-Low… NSE ASI Down 0.6%

The negative performance of the domestic bourse extended into...

Stanbic IBTC Holdings Announces 9th Annual Together4ALimb Walk

Stanbic IBTC Holdings, a member of Standard Bank Group,...

‘No Silicon Valley for Africa’

Recently, the city of Cape Town, South Africa welcomed...

NESG to FG: Hunger is Ravaging Nigerians, Overhaul Agric Policy

The Nigerian Economic Summit Group (NESG) has raised alarm...

Ghana Hosts Africa Funds, Asset Management Forum

The Africa Investment Funds and Asset Management – West...

MTN Reports 1st Qtr 2019 Result, 60.3m Subscriber Base

MTN Nigeria Communications Plc has announced its unaudited results...
spot_img

Related Articles

Popular Categories

spot_imgspot_img