Nokia and China Putian fomalize 3G alliance
13 October 2005
Finnish vendor Nokia and Chinese vendor China Putian announced today they have signed an agreement to form a joint venture to focus on the R&D, manufacturing and sales of 3G network solutions for TD-SCDMA and WCDMA technologies. The JV will have an investment of RMB900 million (US$111.2 million), with China Putian holding 51% of the…
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