17 June 2008 - 13H10
Alcatel-Lucent signs Chinese billion-dollar deal
The US-French telecom equipment supplier Alcatel-Lucent has signed a 1-billion-dollar deal to supply China's top cellphone operator China Mobile with core and wireless nework solutions, as well as equipment for third generation services.
US-French telecom equipment supplier Alcatel-Lucent said Tuesday it had signed a one-billion-dollar agreement with China Mobile, the country's largest mobile phone operator.
The signing ceremony, held in Washington Tuesday, was witnessed by Chinese Vice Premier Wang Qishan who was in the United States for two days of cabinet-level economic talks, it said in a statement
The deal "reinforces Alcatel-Lucent's position as a trusted partner, as China Mobile relies upon our network solutions and services to meet their growing demand for mobile and now fixed services," Alcatel Shanghai Bell president Olivia Qiu said in a statement.
In a long-anticipated industry overhaul announced last month, China Mobile will acquire fixed-line operator China Tietong Telecommunications Corp.
Under the agreement, Alcatel-Lucent will provide China Mobile with mobile core network solutions, wireless network solutions, and equipment including those for China's homegrown third generation mobile service standard TD-SCDMA.
State media has previously reported that China Mobile started commercial trials of the TD-SCDMA standard in eight cities in April.
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