Nokia extends its supply contract for ADSL equipment to China Telecom
December 10, 2003
Nokia and China Telecom have signed a supplement to their existing frame agreement for further supply of DSL equipment. Nokia will supply the Nokia D50 as well as the Nokia D500 next-generation multi-service access platform and related services. The current agreement covers the supply of equipment for 2004 and is a supplement to the frame agreement signed in June 2003. Delivery and implementation have already begun.
"Nokia, as a leading global player in the broadband field, is very pleased with this agreement, and is now in the progress of investing more into the growing Chinese market. It also further highlights our close cooperation with China Telecom to make the most of the major advances in broadband technology," says, Mr. Tapio Sulkava, Director, Marketing and Sales, Broadband Systems, Nokia Networks.
Nokia will also be providing implementation and project management services, as well as care services to maintain the competitiveness of the network.
The Nokia D500 is a multiservice Digital Subscriber Line Access Multiplexer (DSLAM) for broadband networks. It can handle IP, ATM and Ethernet traffic simultaneously, unlike any other DSLAM on the market today. And with its high-density and high-capacity capabilities, operators can future-proof their DSL access networks, operating in the ATM world of today while migrating toward the IP world of the future.
As one of the broadband industry's leading vendors, Nokia has a renowned track record in broadband and narrowband products. Nokia works together with best-in-class companies to enable broadband services for more than 50 customers across the globe, covering the European, Asia-Pacific, China, and the North and South American markets.
CHINA TELECOM Corporation currently operates domestic and international fixed-line networks, including wireless loops; provides fixed-line voice, data, video, multimedia and information services, among a wide range of other related activities. On 10 September 2002, CHINA TELECOM Corporation Limited was founded, on 14 and 15 November 2002 respectively the corporation completed listing its shares at New York and Hong Kong stock exchanges for initial public offering.
Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on five major exchanges.
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