ESPOO (dpa-AFX) - Nokia Corp. (NOK) said that on Friday Nokia Networks and China Mobile reached a framework agreement for mobile communication equipment and services valued at $970 million or 760 million euros.
As per the terms of the agreement, Nokia Networks will provide its 4G TD-LTE technology including Evolved Packet Core or EPC and GSM wireless networking equipment, core application platforms, OSS, software, and services to support China Mobile's 4G wireless broadband network rollout in 2014 and 2015.
Deliveries under the agreement commenced in the first-quarter of this year.
Copyright RTT News/dpa-AFX
© 2014 AFX News
