CHU China Unicom Ltd

   DOW JONES NEWSWIRES 

Nokia Siemens Networks said Thursday that China Mobile Communications Corp (China Mobile) and China United Network Telecommuncations Corp (China Unicom) have signed frame agreements worth EUR750M to continue purchasing GSM, WCDMA and TD-SCDMA mobile network equipment and solutions from Nokia Siemens.

 
   MAIN FACTS: 

-The agreements reinforce the vendor's ties with the two Chinese operators, who signed similar agreements last year.

-Under the scope of the current agreements, China Mobile plans to purchase Nokia Siemens Networks' GSM and TD-SCDMA network equipment, and its IP Multimedia Subsystem solution.

-China Unicom will source Nokia Siemens' GSM and WCDMA equipment, as well as its HSPA solution, while continuing to purchase the company's unique "direct tunnel" packet core technology.

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com