Thursday, April 2, 2026
33 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

Middle-East Crisis: How Tinubu’s Policy of Naira-for-Crude Guarantees Supply Security in Nigeria

By Temitope Ajayi President Bola Tinubu demonstrated foresight in July...

Truecaller Crosses 500m Users: Sets a New Global Standard for Trusted Communication

Truecaller, the leading global platform for safe and trusted...

Leadway Assurance to Champion Climate Risk Solutions at Africa Climate Insurance Symposium in Germany

Leadway Assurance, Nigeria’s leading insurance services provider, will participate...

BUA Foods Posts ₦1.77tn Revenue, Signals Confidence with ₦28 Dividend as Payout Jumps 115%

Nigeria’s leading food manufacturing company, BUA Foods Plc has...

Topics

Anchor Insurance Redeems N70m Claims to Nigeria Police

CLAIMS PAYMENT: The Acting Inspector General of Police, Kayode...

First Bank, AIICO CEOs Lead Media Performance Audit in Aug

An independent analysis of the media performance and prominence...

Interswitch Assures Customers of Continuous Dispute Management Activities During COVID-19 Lock-down

  Interswitch, a leading integrated digital payments and commerce company,...

PalmPay Commits to Gender Balance in Fintech Space @ Purple Woman 3.0

L-R: Olorunfemi Hanson, Head of Marketing, PalmPay Nigeria; Kemi...

Verizon Plans $3bn Bid for Yahoo

USA based Verizon is reportedly submitting a second round...

What Is The Future of Real Estate in Nigeria?

By Dennis Isong Within the last decade, a significant number...

Sovereign Trust Insurance Holds 30th AGM

L-R: Eric Balogun, Independent Director, Emi Faloughi, Director, Kayode Adigun,...

PenCom Holds Retreat to Review Pension Reform Act 2014

The National Pension Commission (PenCom) organised a retreat on...
spot_img

Related Articles

Popular Categories

spot_imgspot_img