Nokia, China Mobile Sign One-year EUR 1.36 Bln Network Frame Deal

(RTTNews) - Nokia Corp. (NOK) and China Mobile have signed a one-year frame agreement, valued at up to 1.36 billion euros, to help the Chinese mobile operator transition to a flexible cloud network infrastructure, providing seamless connectivity that will more efficiently meet the ever-growing data demands of its subscriber base. Both Nokia Networks China and ASB will provide services under the agreement.

As per the agreement, Nokia will deploy its 5G-ready AirScale Base Station, which allows multiple radio technologies to operate simultaneously in one base station and offers virtually unlimited 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.