Putian 3G will use NOKIA to focus on brand Potevio

PUTIAN Telecommunications Holdings 51%, NOKIA Holdings 49%

October 13th, NOKIA and China Putian joint venture to set up a TD-SCDMA product development and production company signed an agreement in Beijing. Joint venture with a total investment of 900 million yuan, of which NOKIA owns a stake of $49%, Putian communications holds a stake of $51%. The agreement signing ceremony did not announce the relevant personnel arrangements, but after the news, the joint venture company management will be composed of two parties, will be appointed by the chairman and President of Putian sent from NOKIA.

The focus is on 3G

The joint venture will be for the third generation (3G) mobile communications network products R & D, production and sales, providing Putian brand's third generation (3G) mobile communications network products and solutions.

Joint venture will be located in Hubei, East Lake Province, China's new technology development zone, Wuhan. The company's business focus will cover TD-SCDMA and WCDMA two 3G technical standards for network products and solutions, as well as network engineering and optimization services. At the same time, the company's production of TD-SCDMA systems and WCDMA systems commercial products will use the Putian "Potevio" brand, plans to launch in 2006.

A senior Putian Putian confirmed this, and NOKIA formed a joint venture company move, also means that the previous cooperation with Canada Company Putian Nortel Networks in this area will be dropped, but does not rule out the possibility to continue the contract with Nortel Networks in other business on the 3G.

Some analysts have pointed out that, due to the European standards proposed by the WCDMA and TD standards are most close, and there is the intention of the joint network, European companies than North American equipment manufacturers show greater cooperation sincerity. So far, TD Industry Alliance in the four major equipment manufacturers, are found in cooperation with European reinforcements.

NOKIA through TD standard

NOKIA's executive vice president and general manager of network division Bai Weixian said, NOKIA in the main purpose of the establishment of the joint venture is to "strengthen the localization", NOKIA will WCDMA technology and TD patent sharing, Putian and NOKIA cooperation, which will stretch the existing 3G product line.

Foreign manufacturers never hide the preference for Chinese 3G standard TD. For NOKIA such international manufacturers, in the next year before the TD large-scale test is coming to an end, crossed the threshold TD Industry Alliance become the main task of the strict. Therefore, the establishment of a joint venture, NOKIA China's development strategy needs, while enhancing the strategic position of the Asia Pacific 3G market.

TD industry alliance, a person who has said that although the number of members of the Union has been a lot, but the lack of international brands, the next batch of members will be absorbed in this direction in the main article.

Near the end of the year, 3G final program is outstanding, Vice Minister of the Ministry of information industry Xi Guohua has given a forum on China's 3G conditions have basically been the argument. The signing ceremony of the joint venture with NOKIA Putian company, Vice Minister of Ministry of information industry Jiang Yaoping also reiterated: MII will in 2005, to provide policy recommendations for relevant departments timely.