Nokia inks $2.3 bn deal with China Mobile, China Telecom and China Unicom

Nokia today announced three separate frame agreements with China Mobile, China Telecom and China Unicom.
Nokia China revenue in Q3 2018The combined value of the frame agreement with three leading telecom operators in China is more than EUR 2 billion or $2.3 billion.

Greater China contributed 11 percent of sales revenue for Nokia Networks Business during the third quarter of 2018.

Huawei, ZTE, Ericsson and Samsung are also looking for similar network deals with top telecom operators in China.

Nokia, which has its global headquarters in Finland, will deploy technologies and services to improve performance in fixed and mobile broadband networks across China. The information from Nokia does not specifically say that the deal will include 5G network equipment as well.

Nokia’s deal with China Mobile is aimed at offering radio access, core, passive optical networks, IP routing and optical transport, SDN, network management and professional services.

Nokia’s deal with China Telecom is to improve 4G LTE coverage and hot-spot capacity. Nokia will provide its solutions for China Telecom including FDD-LTE radio access, home CPE solutions, core routers, multi-service edge routers and optics as well as its services expertise. China Telecom and Nokia will also enhance 5G cooperation and accelerate China’s 5G progress.

Nokia’s deal with China Unicom is to deploy technologies across the country including Nokia FDD-LTE radio access, Multi-access Edge Computing, virtualized IMS, SDN, IP routing and optical transport, and fixed network equipment.

China Unicom aims to enhance network quality and capacity to grow its 4G LTE customer base, while researching and developing the expansion of IoT services and the evolution to 5G, including the use of artificial intelligence in networks.

Nokia will provide its managed services including network planning, implementation, systems integration, maintenance and performance optimization.