The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Nokia Signs $2 Billion Deal To Supply Handsets In China

  • Comments Comments (View)
  • Text Size: A A

Another big win for Nokia (NYSE: NOK). The Finnish handset giant announced today that it had struck a deal with Chinese mobile phone wholesaler China Postel to supply $2 billion worth of handsets in China. Reuters reports the deal is one of Nokia’s biggest in what is its top market. It previously signed a deal in 2007 with China Postel to supply $2.5 billion worth of phones. With Motorola (NYSE: MOT) in disarray, Nokia has seen its global market share hit 40 percent. In the fourth quarter, Reuters (NSDQ: RTRSY) notes, it sold more phones than all three of its closest competitors.

Mar 7, 2008 5:31 AM ET

Posted In: Companies, Nokia, Countries, Asia, China, china postel

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Last.fm Songs Last.fm Songs
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff