Saturday, January 10, 2026
33.3 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

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

A Rejoinder To ‘Bola’s Tax’: When ‘Simple Logic’ Becomes Simple Misdirection

  Dr. Zacch Adedeji Executive Chairman FIRS By Tanimu Yakubu THE essay you circulated...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

Topics

Reps Issue 11-Day Ultimatum to CBN over Accounts

The Central Bank of Nigeria has received 11-day ultimatum...

Linkage Assurance: N35bn Total Assets, N11bn Premium Income in 2021

Daniel Braie Managing Director/CEO Linkage Assurance Plc Linkage Assurance Plc in the...

WorldRemit Partners Lebara on Money Transfer Service to Africa

Lebara and WorldRemit, two leading brands serving international residents,...

Sterling, Aké Festival, Transform Lagos into Dazzling Fusion of Culture, Art, Magic

L-R Mazeedah Olutosin, Submissions Editor at Ouida Books; Maurice...

SMILE Targets Innovation, Service Excellence to Drive Growth

Smile Communications Nigeria Limited has reaffirmed its unflinching commitment...

uTracka Raises Alarm over N100bn Constituency Projects in 2018 Budget

Tracka, a transparency platform which allows citizens to collaborate,...

Stanbic IBTC Bank Secures CNY800m Term Loan Agreement with China Development Bank

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img