Nokia supplies fixed access equipment to Liao He Petroleum Exploration Bureau, China.HELSINKI, Finland--(BUSINESS WIRE)--Aug. 19, 1998--Nokia and the Telecommunications Company of Liao He Petroleum Exploration Bureau, China, have signed an agreement for the delivery of the Nokia Synfonet(r) SDH (Synchronous Digital Hierarchy) The European counterpart to SONET. See SONET. SDH - Synchronous Digital Hierarchy solution to expand the existing transmission network in Liao He. Nokia will supply its Synfonet STM-16 equipment, network management system and customer services such as installation, training and technical support. Nokia has already supplied Liao He with DX 200 switching equipment, a NMT (Nordic Mobile Telephone) An analog cellular phone system deployed in more than 40 countries in Europe. Launched in the Scandinavian countries in 1979, NMT was the first analog cellphone system. Both 450 MHz and 900 MHz versions are available. See cellular generations. 450 cellular network and PDH PDH - Plesiochronous Digital Hierarchy transmission solutions. The third largest oilfield in China, Liao He Petroleum Exploration Bureau selected Nokia because of its competence and experience in the provision of transmission equipment. "The Nokia Synfonet solution provides high flexibility and will enable Liao He to meet growth demands," states Mr Folke Ahlback, Senior Vice President, Nokia China. "This new stage of our co- operation, which began in 1986, can only strengthen the network in Liao He. This agreement sees Nokia as a frontrunner in the supply of transmission equipment to Chinese oilfields." Nokia Telecommunications develops and manufactures infrastructure equipment and systems for mobile and fixed networks. Nokia has developed a comprehensive SDH solution, the Nokia Synfonet, for access and transport networks, incorporated under a full network management system. Nokia's SDH technology has been supplied to almost 80 customers in over 20 countries. Nokia is a broad-scope communications company supplying mobile phones, mobile and fixed telecommunications networks, wireless data communications solutions, multimedia terminals and computer monitors. In 1997, net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight totaled FIM FIM The ISO 4217 currency code for the Finnish Markka. 52.6 billion ($9.8 billion). Headquartered in Finland, Nokia is listed on the NYSE NYSE See: New York Stock Exchange (NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .A), has sales in 130 countries and employs more than 41,000 people worldwide. Synfonet is a registered trademark of Nokia. CONTACT: Nokia Telecommunications, Helsinki Ms Arja Suominen, Vice President, Communications Tel. (Int.) + 358 9 5113 8193 Fax (Int.) + 358 9 5113 8199 http://www.nokia.com |
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