Nokia will partner with China Mobile to launch a version of its new flagship Lumina Smartphone tailored for the world's largest cellular market, Finnish company said on wednesday.
China Mobile, the biggest operator in the world with more than 700 million subscribers, will start selling the Lumina 920T, the first phone to be based on Microsoft's new Windows Phone 8 platform in China's third-Generation (3G) network.
Nokia shares rose 6.1 percent in the early Helsinki trade. Sucessful sales of the latest Lumina 920 and 820 models are seen crucical for the company as to reverse a decline in market shares it has lost to Samsung and Apple.
Chinese Telecom carriers have been engaged in intense price competition by offering cheap handset delas and data plans to try to attract higher-end 3G subscribers . China Mobile is the only telecom carrier in china without a contract with Apple Inc to sell iPhone in the country.
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