Neusoft and Nokia Siemens Networks create local powerhouse to address China’s growing mobile application market

Dalian, China – November 5, 2009

Aim to strengthen existing joint venture to target new 3G business opportunities

Spurred on by the recent launch of 3G mobile services in China, Neusoft and Nokia Siemens Networks are enhancing their partnership to effectively address the country’s growing mobile applications market. The two companies will look to transform their existing joint venture - Nokia Siemens Networks Neusoft Commtech Company Ltd. – into a powerhouse for the development, sale and delivery of software and services in the mobile data and applications field.

“Together with Nokia Siemens Networks, we have delivered a variety of data service systems to the country’s leading mobile players,” said Liu Jiren, Chairman at Neusoft. “Now, with the launch of 3G, we are committed to continue to provide our customers with high quality products and services. The enhanced scope of our joint venture will enable us to do just that; assuring China’s subscribers a truly superior experience.”  

The two companies will jointly address new and emerging market opportunities ranging from applications, security, service management, business support systems and customer relationship management, bundling their sales, development and delivery resources to strengthen the combined overall competitiveness of Nokia Siemens Networks and Neusoft. The entity is based in Dalian and will be able to build on the strong current basis the two mother companies have in the China market.

“We see a huge opportunity for 3G applications with 300 million new 3G subscribers emerging in the Chinese market over the next 3 to 5 years. Subscribers are becoming increasingly discerning and are constantly on the look out for new and unique applications,” said Zhang Zhiqiang, head of Greater China Region at Nokia Siemens Networks. “By enhancing our local competence and development capabilities in the mobile application sphere, we are arming ourselves to win in the new 3G world.”

About Nokia Siemens Networks

Nokia Siemens Networks is a leading global enabler of telecommunications services. With its focus on innovation and sustainability, the company provides a complete portfolio of mobile, fixed and converged network technology, as well as professional services including consultancy and systems integration, deployment, maintenance and managed services. It is one of the largest telecommunications hardware, software and professional services companies in the world. Operating in 150 countries, its headquarters are in Espoo, Finland. www.nokiasiemensnetworks.com

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Media Enquiries

Nokia Siemens Networks
Yuhong Chen
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Phone: +86 10 84055016
E-mail: yuhong [dot] chen [at] nsn [dot] com

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Notes to Editor
Nokia Siemens Networks Neusoft Commtech Company Ltd. is a joint venture owned by Nokia Siemens Networks (54%) and Neusoft (46%).