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Nokia and Fujian PTA form a new joint venture in China
November 27, 1997
Nokia and Fujian PTA have signed an agreement for the establishment of a new joint venture in China. The main activities of the joint venture will be in the field of GSM 900/1800 technical services, primarily network planning and optimisation.
Contributing greatly to the transfer of technological competence to the telecom operator, Fujian PTA, the joint venture will cover not only technical support, network planning and optimisation work on Fujian PTA´s network, but also specialized training. Eventually the services will also be offered to other telecom operators in China with networks supplied by Nokia.
"This is Nokia´s sixth joint venture in China and reaffirms Nokia´s commitment to Fujian PTA and to the Chinese telecommunications community as a whole," states Folke Ahlbäck, Senior Vice President, Nokia, Greater China. "Network planning and optimisation is an area of increasing importance in order to secure the capacity, coverage and quality of large cellular networks. This cooperation will give both Nokia and Fujian PTA valuable insight into the efficient expansion of large networks."
Nokia has established itself as a leading supplier of telecommunications networks and mobile phones in China. Nokia now has six joint ventures and a network of regional offices in China, employing almost 2,000 people.
Headquartered in Finland, Nokia is a leader in digital technologies including mobile phones, cellular and fixed telecommunications networks, wireless data solutions and multimedia terminals. With sales in approximately 130 countries, net sales totaled $8.5 billion in 1996. Nokia employs more than 36,000 people in 45 countries. Nokia’s shares are listed in Helsinki, New York, London, Stockholm, Frankfurt and Paris.
Further information:
Mr David Stoneham, Communications Manager
Nokia, Greater China
Tel. (Int.) +86 10 6532 6555, mobile (Int.) +86 1391393994
Fax (Int.) +86 10 6532 6457
Ms Arja Suominen, Vice President, Communications
Nokia Telecommunications
Tel. (Int.) +358 9 5113 8193
Fax. (Int.) +358 9 5113 8199
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