ArabianIndustry.com reports that Nokia and China Mobile, worlds biggest telecom, signed a one-year frame agreement valued at as much as €1.36 billion or 1.53 billion dollars for transition the operator’s network to the cloud.
The agreement was signed at the Sino-German Economic Forum by Hans-Juergen Bill, EVP at Nokia and also chairman of the board of directors of Nokia Networks in Germany.
“Under the agreement, Nokia will deploy its 5G-ready AirScale Base Station. 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, OSS and third party products as well as its global Services expertise,” reports ArabianIndustry.com.
At the same time, Nokia officially announced that the Company will provide ultra-broadband Access and intelligent home services for China Mobile. Nokia’s home gateway and fiber-based ultra-broadband will be deployed in 29 provinces across China, serving about 30 million customers. You can learn more about the deal here.
Nokia and Spark New Zeland signed a 3-year agreement, under which Nokia will upgrade operator’s core infrastructure, providing fiber infrastructure and preparing the operator for 5G. More about this announcement you can read here.