General discussions : General : Nokia to Supply Phones to China Postel - USD 2 billion deal
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"Nokia has signed a strategic partnership agreement with China Postel Mobile Communication Equipment Co., Ltd. (China Postel) of China P&T Appliances. China Postel is expected to purchase mobile devices valued at approximately USD 2 billion from Nokia in 2008. In addition, both parties have agreed to strengthen strategic ties, especially with regard to channel development, resource investment, and marketing management.
As a subsidiary company of China P&T Appliances, China Postel has become a provider of mobile phones and is actively involved in China's telecom service industry. With a comprehensive distribution network for both products and services, China Postel has been the leading distributor on the China mobile phone market for nine consecutive years, and enjoys a current market share of nearly 30%."
http://www.slashphone.com/70/9477.html
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Posted: 2008-03-11 00:00:28
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