Alcatel-Lucent has signed a US$1 billion framework agreement for 2008 with China Mobile to provide mobile communications equipment and services. This agreement was secured through Alcatel- Lucent’s Chinese subsidiary, Alcatel Shanghai Bell.
Alcatel-Lucent later confirmed that this contract is based on existing spending plans throughout the remainder of 2008 and is not a new contract.
The deal allows China Mobile, the world’s largest mobile phone service provider, to buy a range of wireless networking and 3G equipment from Alcatel-Lucent.
The agreement continues a long running relationship between the two companies and puts Alcatel-Lucent at the forefront of delivering 3G mobile technology developed around China’s home grown wireless standard, Time Division Synchronous Code Division Multiple Access (TD-SCDMA).
President of Alcatel Shanghai Bell, Olivia Qiu, said, “The strategic frame agreement with China Mobile reinforces Alcatel-Lucent’s position as a trusted partner, as China Mobile relies upon our network solutions and services to meet its growing demand for mobile and now fixed services, and in advancing China’s telecommunications industry”.
0 comments ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment