Nokia inks $1B network deal with China Mobile

blocks
In the one-year deal, Nokia will continue to provide China Mobile with mobile, fixed, IP routing, optical routing and customer experience management technologies. (Pixabay)

Nokia has signed a $1.17 billion deal to provide China Mobile with a range of telecommunications gear and operational support.

In the one-year deal, Nokia will continue to provide China Mobile with mobile, fixed, IP routing, optical routing and customer experience management technologies. While Nokia and China Mobile have a long-standing relationship, the new agreement was signed at the recent Sino-German Economic Forum.

Last week, Nokia announced it had signed a memorandum of understanding (MoU) with China Mobile to create a new lab in Hangzhou, China, to research radio resource management and traffic prediction using AI and machine learning in a 5G radio access network.

FREE WEBINAR

Breaking New Barriers – ‘In Call’ Speech Recognition Services Ready for Mass Markets

This webinar will assess the current market landscape and reveal some key strategies for service providers and system integrators to help reduce costs, enhance accuracy, generate new revenue systems, and cost-effectively scale your speech processing services.

Today's announcement mentioned the MoU for AI and machine learning research and also said the two companies would work to together to identify new products and services for vertical markets.

RELATED: Nokia, China Mobile partner up on new lab to research AI, machine learning

China Mobile is gearing up for the launch of its 5G services next year by conducting trials across major cities in China this year. China Mobile has also worked with Huawei Technologies and Intel on its 5G-compatible systems. China Mobile is the world's largest mobile operator with more than 902 million subscribers.