Sunday, September 28, 2025
27.2 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

Hot this week

AIICO Deepens Bond with Retirees, Holds Annuity Forum in Lagos, PH

Mr. Gbenga Ilori, Head, Retail Business at AIICO, in...

Sovereign Trust Insurance Holds 30th AGM

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

Unity Bank Shareholders Approve Merger with Providus Bank

  EGM: From left: Mr. Usman Abdulkadir, Executive Director, Risk...

NNPCL: Ogoni Re-entry is a Beacon of Reconciliation through Collaboration

The re-entry into Ogoniland marks a historic turning point...

NLNG, NCDMB Celebrate 122 Graduates of Train 7 HCD Training Program

NLNG in collaboration with the Nigerian Content Development and...

Topics

Stanbic IBTC Bank Clarifies Expected Credit Loss Reporting

 The Stanbic IBTC Bank Statement: It has come to our...

NIGERIA BUILD EXPO 2019 Set for June 27

Nigeria Build Expo: 4 TH International Construction and Building...

PenCom to Newspaper Owners: Clear N720m Pension Debt

From Left: The Director General of the National Pension...

FBN Holdings: N9Tr Total Assets, N757.3bn Revenue, N167bn Profit in 2021

FBN Holdings Plc recently announced its audited results for...

Linkage Assurance Assures Clients of Value, Efficient Service in 2019

L-R: Mr. Humphrey Ozegbe, Head, Human Resources; Mr. Tony...

NIA Chairman, Eddie Efekoha, Elected IoD Fellow

Mr. Eddie Efekoha, Chairman, Nigerian Insurers Association (NIA) is...

Nuclear Tech Milestone with Installation of Core Catcher at El-Dabaa NPP Unit 2

  Nuclear energy technology has hit a major milestone as...

Stanbic IBTC Bank: *909# Seals Commitment to Cashless Economy

 *909# Mobile Money on the Move!             Mrs. Sola David-Borha CEO, Stanbic-IBTC...
spot_img

Related Articles

Popular Categories

spot_imgspot_img