Nokia Siemens, Huawei Renew Commitment to TD Joint Venture in Nigeria

Mergers, Acquisitions and Financial Results

Nokia Siemens Networks and Huawei Technologies Co., Ltd. (Huawei) have announced the signing of a formal agreement to reinforce the R&D capability of their joint venture, TD Tech by injecting new technologies, and assume responsibility for marketing, sales and service of TD-SCDMA products.

A statement made available to This Day disclosed that under the agreement, TD-Tech will be transformed into a product and technology center of excellence for TD-SCDMA, providing TD-SCDMA radio products to Nokia Siemens Networks and Huawei.

In 2008, Nokia Siemens Networks and Huawei will provide world-leading technology platforms to TD-Tech to support the roll-out of new TD-SCDMA radio solutions.

As integrated solution providers, the parent companies will provide their country-wide marketing, sales and services networks as well as end to end capabilities to support business development of customers and promote the adoption of TD Tech solutions.

Zhang Zhiqiang, Head of Nokia Siemens Networks Greater China Region said: "Nokia Siemens Networks and Huawei Technologies have demonstrated long-term commitment to the success of TD-SCDMA. Through this agreement, we can now ensure that our TD-SCDMA customers benefits from an even stronger portfolio of end to end technologies and our global experience. Our expertise in services and network optimization will go into TD-SCDMA solutions to ensure they operate at the peak performance levels required for 3G applications.

Hou Jinlong, Vice President of Wireless Product Line of Huawei also commented, TD-Tech is dedicated to the R&D of TD-SCDMA radio access products, and will enormously drive the long-term development of TD-SCDMA technology. We are confident that with our deep customer understanding, leading network solutions and global network deployment experience, Huawei Technologies and Nokia Siemens Networks can ensure that TD Tech has the opportunity to become the leading supplier of TD-SCDMA products to the industry. This new operational model will bring more value to our customers and accelerate the commercialization of TD-SCDMA.

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