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China Mobile and Nokia sign a €1 billion deal

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At the recent Sino-German Economic Forum, China Mobile and Nokia signed a one year framework agreement valued at 1.36 billion euro (9.927 billion yuan) to support the Chinese operator’s transition to 5G infrastructure, while maintaining seamless connectivity.

Under this agreement, the Finnish corporation will be providing the Chinese telecom with cutting edge end-to-end technologies for the next generation network, in addition to mobile, fixed, IP routing, optical transport and customer experience management technologies along with their service expertise and support.

The two companies have been in partnership since 1994, when Nokia supported the first GSM call on China Mobile’s network. In addition to collaborating on 5G, both companies are moving forward together and have agreed to conduct research and tests on artificial intelligence and machine learning.

“This is a highly significant agreement with our longstanding partner that consolidates Nokia’s position as a leading provider of next-generation technologies and services in China. We are committed to delivering industry-leading, end-to-end capabilities that will allow operators to dramatically increase performance, which will introduce new possibilities for networks of the future,” commented the president of Nokia Shanghai Bell, Mike Wang.

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