China Mobile, Nokia to Sign 3G Handset Contract
Reuters, 11/18/08
China Mobile (NYSE: CHL; 0941.HK) has announced that it will sign a contract with Finnish mobile phone vendor Nokia, under which Nokia will supply dual-mode GSM/TD-SCDMA handsets for the mainland Chinese market next year. China Mobile is also in talks with Motorola and Sony Ericsson on the same issue.
Editor's Note: Currently, Samsung and LG are the only foreign firms that have obtained Ministry of Industry and Information Technology (MIIT) network access permits for TD-SCDMA handsets. Industry insiders believe that the lack of suitable handsets is one of the problems currently holding back the development TD-SCDMA. For more information, please see "Handsets Holding Back TD-SCDMA Development", MD 10/23/09 issue.
Keywords: dual-mode 0941.HK 3G China Mobile CHL GSM mobile phone TD-SCDMA wireless supply contract TD-SCDMA/GSM Nokia Motorola Sony Ericsson