Nokia Teams On 3G In China - InformationWeek

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Nokia Teams On 3G In China

China is a moving aggressively to expand its wireless capabilities, and telecom-equipment maker China Putian is partnering with Nokia, a worldwide leader in cell phones and wireless-communications products, to develop next-generation, or 3G, wireless products.

The two are setting up a joint venture in Wuhan, the capital city of Hubei province, to research, develop, manufacture, and sell network systems for 3G standards TD-SCDMA and WCDMA, as well as to provide network-construction and -optimization services.

The total investment in the venture is $1.1 billion, with China Putian owning 51%. Products of the venture will be marketed under the Potevio brand held by China Putian. The companies will launch the wireless systems in 2006. Nokia plans to continue to sell WCDMA systems under its own brand both globally and in China.

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