2015-09-04
Nokia Signs MOU For JV With China Huaxin
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 […]