Wednesday, April 21, 2010

Nokia Siemens Networks Announces EUR 750 Million Contracts in China

Nokia Siemens Networks has signed frame agreements with China Mobile and China Unicom to continue purchasing GSM, WCDMA and TD-SCDMA mobile network equipment and solutions. The two Chinese operators signed similar agreements last year as part of the China-Europe Purchasing delegation.

Under the scope of the current agreements, China Mobile plans to purchase Nokia Siemens Networks' GSM and TD-SCDMA network equipment, and its IP Multimedia Subsystem solution.

China Unicom, on the other hand, will source Nokia Siemens Networks' GSM and WCDMA equipment, as well as its HSPA solution, while continuing to purchase the company's unique "direct tunnel" packet core technology. Direct tunnel will help the operator cost-effectively keep pace with the rising demand for data traffic.

Nokia Siemens Networks noted that it has steadily built up a strong manufacturing, R&D, operations and distribution presence in China. Three of its nine manufacturing sites are located in the country. Nokia Siemens Networks has also significantly invested in R&D activities in China, creating a TD-LTE competence center in Hangzhou, with plans to increase its R&D staff during 2010.