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BRIEF-Nokia and China Huaxin sign definitive agreements on Nokia Shanghai Bell JV
May 18, 2017 / 6:32 AM / in 2 months

BRIEF-Nokia and China Huaxin sign definitive agreements on Nokia Shanghai Bell JV

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May 18 (Reuters) - NOKIA OYJ

* REG-NOKIA AND CHINA HUAXIN SIGN DEFINITIVE AGREEMENTS FOR CREATION OF NEW NOKIA SHANGHAI BELL JOINT VENTURE

* JV WILL BECOME NOKIA'S EXCLUSIVE PLATFORM IN CHINA FOR CONTINUED DEVELOPMENT OF NEW TECHNOLOGIES IN AREAS LIKE IP ROUTING, OPTICAL, FIXED AND NEXT-GENERATION 5G

* NOKIA WILL OWN 50% PLUS ONE SHARE OF NSB, WITH CHINA HUAXIN OWNING REMAINDER Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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