Nokia and China PTAC further strengthen strategic cooperation

Beijing, China - Nokia has renewed its strategic partnership agreement with China PTAC Communication Service Co., Ltd. (China PTAC). Mr. Colin Giles, President of Nokia China and Senior Vice President, Greater China, Japan and Korea Sales Unit, and Mr. Tan Xinhui, Chairman of China PTAC Communication Service Co., Ltd., signed the agreement on behalf of the two parties. China PTAC is expected to purchase mobile devices valued at more than USD 1.76 billion from Nokia in 2009. In addition, both parties have agreed to expand strategic ties especially with regard to 3G and operator business.

Nokia, the world's largest mobile phone manufacturer, and China PTAC, China's largest mobile phone distributor, enjoy a long-standing partnership that continues to strengthen. This new partnership agreement marks another significant milestone for both parties.

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Nokia is the world's number one manufacturer of mobile devices by market share and a leader in the converging Internet and communications industries. We make a wide range of devices for all major consumer segments and offer Internet services that enable people to experience music, maps, media, messaging and games. We also provide comprehensive digital map information through NAVTEQ and equipment, solutions and services for communications networks through Nokia Siemens Networks.