Nokia and China Puritan's 3G Joint Venture
Nokia and China Puritan have committed to forming a joint venture in China focused on 3G, or more specifically, TD-SCDMA (time division-synchronous code division multiple access) and W-CDMA.
The joint venture will focus on research and development, manufacturing and sales of 3G network systems. The JV will begin offering its first TD-SCDMA and W-CDMA systems next year under China Puritan's Potevio label.
The TD-SCDMA standard is being billed as a Chinese alternative to 3G.
In addition to 3G services, the venture also will offer network construction and optimization services, Nokia says.
The companies intend to invest $107 million in the venture, in which Nokia will hold a 49 percent interest. China Puritan will hold the rights to the remaining 51 percent.
Nokia will continue to offer W-CDMA products under its own brand around the world, including China.
This is not the first 3G joint-venture deal China Puritan has announced this year. In January, the Chinese company announced its plan to form a joint venture with Nortel. The companies said they would cooperate on the research and development, manufacture and sale of 3G equipment and services to the Chinese market.
In May, Nokia rival Ericsson announced it was teaming with ZTE to further TD-SCMDA in China. At the time of the announcement, Ericsson committed to integrating ZTE's TD-SCDMA Node B into its radio access network. The deal included both hardware and software.
Nokia and China Puritan have committed to forming a joint venture in China focused on 3G, or more specifically, TD-SCDMA (time division-synchronous code division multiple access) and W-CDMA.
The joint venture will focus on research and development, manufacturing and sales of 3G network systems. The JV will begin offering its first TD-SCDMA and W-CDMA systems next year under China Puritan's Potevio label.
The TD-SCDMA standard is being billed as a Chinese alternative to 3G.
In addition to 3G services, the venture also
The joint venture will focus on research and development, manufacturing and sales of 3G network systems. The JV will begin offering its first TD-SCDMA and W-CDMA systems next year under China Puritan's Potevio label.
The TD-SCDMA standard is being billed as a Chinese alternative to 3G.
In addition to 3G services, the venture also will offer network construction and optimization services, Nokia says.
The companies intend to invest $107 million in the venture, in which Nokia will hold a 49 percent interest. China Puritan will hold the rights to the remaining 51 percent.
Nokia will continue to offer W-CDMA products under its own brand around the world, including China.
This is not the first 3G joint-venture deal China Puritan has announced this year. In January, the Chinese company announced its plan to form a joint venture with Nortel. The companies said they would cooperate on the research and development, manufacture and sale of 3G equipment and services to the Chinese market.
In May, Nokia rival Ericsson announced it was teaming with ZTE to further TD-SCMDA in China. At the time of the announcement, Ericsson committed to integrating ZTE's TD-SCDMA Node B into its radio access network. The deal included both hardware and software.
Nokia and China Puritan have committed to forming a joint venture in China focused on 3G, or more specifically, TD-SCDMA (time division-synchronous code division multiple access) and W-CDMA.
The joint venture will focus on research and development, manufacturing and sales of 3G network systems. The JV will begin offering its first TD-SCDMA and W-CDMA systems next year under China Puritan's Potevio label.
The TD-SCDMA standard is being billed as a Chinese alternative to 3G.
In addition to 3G services, the venture also