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Technology Stocks : Nokia (NOK)
NOK 6.665-1.0%Nov 17 3:59 PM EST

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To: Eric L who wrote (23627)12/19/2002 8:41:27 AM
From: Eric L  Read Replies (1) of 34857
 
re: Nokia China Deal (Henan MCC)

>> Nokia Wins GSM Deal in China

Unstrung
12.19.02

Nokia has signed a supply contract for the expansion of Chinese mobile operator, Henan MCC's GSM network in a deal worth more than USD 100 million.

Equipment deliveries, which include both GSM core and radio access network infrastructure and Nokia's Operations Support System solution, Nokia NetAct(TM), have already begun.

With this contract Henan MCC will be able to further enhance the network capability and rural coverage and thus strengthen network capacity and quality across the whole province.

In addition to network equipment, Nokia will provide network planning, implementation, and project management for efficient network ramp-up, as well as optimization services for enhancing data transfer rates and network quality. A wide range of care services, including training, software maintenance and onsite support services, will help maintain the competitiveness of the network.

"Henan MCC believes that GSM evolution is the key to mobile communications and services both now and in the future and this latest supply contract with Nokia will enable us to increase our competence and improve our network coverage and service for our customers," says Yuan Jianguo, General Manager, Henan MCC.

"This contract further enhances our long and excellent relationship with Henan MCC and demonstrates in concrete terms Nokia's committed service support to our customers, " says David Ho, Vice President, Nokia Networks China, "Nokia has been the main supplier of Henan's GSM network at every phase since 1995 and this latest expansion also underlines Nokia's commitment to provide advanced mobile technology solutions in China."

Nokia is committed to long-term development and preferred partnership in China. With innovative technology, Nokia has continuously strengthened its market position in China as a leading supplier of mobile and broadband network systems and mobile phones. China is Nokia's second largest market. The company's investment in China has reached EUR 2 .3 billion. Nokia has established more than twenty offices, eight joint ventures and two R&D centers, with over 5,000 employees in China. <<

- Eric -
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