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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

10/13/15 at 7:21 AM CDT

 

 

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Nokia Networks Gets Technology Deal From China Mobile

Nokia Networks Gets Technology Deal From China Mobile DOW JONES & COMPANY, INC. 2:53 AM ET 10/13/2015

 

Finland's Nokia Networks said Tuesday it has been commissioned to provide its latest Time-Division Long-Term Evolution Advanced (TD-LTE) telecommunications technology to China Mobile (CHL).

It said China Mobile plans to deploy one million TD-LTE base stations by the end of 2015, and Nokia Networks is the largest non-Chinese vendor.

The new deal marks the third phase of an ongoing TD-LTE deployment with China Mobile. The network upgrade and expansion will see China Mobile offer wider mobile broadband connectivity, extended coverage and capacity, and super- fast Internet response times, it added. 

Wonder what size the portion of the Nokia deal is.  At a million cell stations it sounds like a pretty good deal for all involved.


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Author:

LongTerm CapGains

Subject:

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Sentiment:

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Date:

10/13/15 at 7:25 AM CDT

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