Nokia 2 Billion EUR Agreements
Image: Twitter, Nokia

Nokia on Wednesday announced its 3 separate frame agreements with three major Chinese Operators including China Mobile, China Telecom & China Unicom worth a combined value of EUR 2+ billion.

Nokia in a press release made the announcement and said that these agreements will allow them to deploy technologies and services to improve performance in fixed and mobile broadband networks across China to meet ever-growing demand as operators transition towards 5G.

These agreements will aim to provide the highest quality internet service through Nokia’s end-to-end technology by the end of 2019.

Mike Wang, president of Nokia Shanghai Bell, said: “We are excited to continue our close collaboration with these important customers in China, to drive new levels of network performance as they transition toward 5G. Leveraging the breadth of our end-to-end network and services capabilities, we will work closely with China Mobile, China Telecom and China Unicom to deploy technologies that meet their specific business needs.”

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