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Press Release -- April 27th, 2020
Source: nok
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Nokia signs contract with Central China Holdings Co. Ltd in ‘smarter real estate’ infrastructure deal

Nokia signs contract with Central China Holdings Co. Ltd in ‘smarter real estate’ infrastructure deal

·  Nokia’s leading solutions, including POL (Passive Optical LAN), home Wi-Fi, big data platform and 5G, provide foundation for smarter residential and business developments in Henan province

27 April 2020

Espoo, Finland – Nokia today announced that it has signed a five-year networking infrastructure and big data analytics agreement with leading real estate group Central China Holdings Co., Ltd.

Under the contract, Nokia will provide a range of solutions enabling Central China Holdings to design and build state-of-the-art developments that leverage POL, home Wi-Fi and 5G connectivity for enhanced business, leisure and quality of life.

Since the start of the COVID-19 pandemic, home connectivity has become a critical service enabling remote working, distance learning, healthcare news updates and entertainment, with the upgrade of smart community digital infrastructure key to this success.

Jin Jian, Head of Nokia Enterprise at Nokia Shanghai Bell, said: “We are pleased to announce this five-year networking infrastructure agreement with leading real estate group Central China Holdings Co., Ltd. Nokia is devoted to integrating its solutions into new real estate developments to ensure connectivity and expanding the network capacities that support smarter business and social communities.”

Central China Holdings Co Ltd, is one of the leading Henan-based property developers, which focuses on developing high-quality residential and business properties. The company has a presence throughout Henan province. Nokia solutions will be deployed in new Zhengzhou and Shangqiu developments.

About Nokia
We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

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