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Nokia Signs MOU For JV With China Huaxin
Aggregated Source: ChinaTechNews.com
Nokia and China Huaxin Post and Telecommunication Economy Development Center signed a memorandum of understanding to integrate Nokia's telecom infrastructure businesses in China with Alcatel-Lucent Shanghai Bell to establish a joint venture. According to the MOU, Nokia will hold 50% plus one share in the new JV; while China Huaxin will hold the remaining minority […]
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