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Oppenheimer Reiterates Outperform on Nokia (NOK)

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Nokia (NOK) Awarded China Mobile (CHL) Contract to Construct 100G Optical Network

August 17, 2016 6:28 AM EDT

Nokia (NYSE: NOK) has been awarded over 30% of China Mobile's (NYSE: CHL) project to construct a 100G optical network in support of its rollout of mobile broadband services for the world's largest 4G network. Nokia's innovative optical technologies will help China Mobile achieve its ambitious "Broadband China" strategy.

The win, part of Nokia's 2016 frame agreement with China Mobile, will see Nokia deploy a 100G Optical Transport Network (OTN) and Dense Wavelength Division Multiplexing (DWDM) backbone based on the recently announced... More

Nokia (NOK), China Telecom (CHA) Enter Agreement to Expand 4G Deployment in China

August 12, 2016 6:24 AM EDT

Nokia (NYSE: NOK) and China Telecom (NYSE: CHA) have signed an agreement to expand the deployment of 4G technology in 19 provinces in China, allowing China Telecom to enhance coverage and capacity as well as the quality of experience for subscribers, while paving the way toward the introduction of 5G technology.

By expanding the radio access network, China Telecom will meet growing subscriber demand... More