Nokia has signed a strategic partnership agreement with China Postel Mobile Communication Equipment Co., Ltd. (China Postel) of China P&T Appliances - bolstering the strong existing relationship between the two companies. China Postel is expected to purchase mobile devices from Nokia to the value of approximately US$ 2.5 billion in 2007. In addition, both parties have agreed to deepen strategic ties, especially with regard to network channel development, as the two companies make significant bilateral resource investments.

As a subsidiary company of China P&T Appliances, China Postel has become a provider of mobile phones and is actively involved in China's telecom service industry. With a comprehensive distribution network for both products and services, China Postel has been the leading distributor on the China mobile phone market for eight consecutive years, with a market share of over 30% in 2006. Since the collaboration between Nokia and China Postel began in 1998, China Postel has distributed over 37 million Nokia mobile phones across China.
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