China Postal buys for $2.5 billion Nokia phones

May 11 2007, 8:43am CDT | by Luigi Lugmayr

Nokia announces that China Postel is expected to purchase mobile devices from company to the value of approximately USD 2.5 billion in 2007.

China Postel is China's largest mobile phone distributor. Since the collaboration between Nokia and China Postel began in 1998, China Postel has distributed over 37 million Nokia mobile phones across China. China is still an enormous growth market for mobile phone companies. This size of a deal is great news for Nokia.
Via this Nokia press-release.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.