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China Mobile, Telecom Tap Alcatel-Lucent for 3G Construction

Alcatel-Lucent PR, 4/27/09

Telecom equipment manufacturer Alcatel-Lucent announced today that it has signed framework agreements with China Mobile (NYSE: CHL; 0941.HK) and China Telecom (NYSE: CHA; 0728.HK) for a total value of USD 1.7 bln to provide network upgrades, integration and maintenance services in 2009. The agreements were secured though Alcatel-Lucent's Chinese subsidiary Alcatel-Lucent Shanghai Bell (ASB).

Under the agreement with China Mobile, valued at approximately USD 1 bln, Alcatel-Lucent will provide GSM/EDGE solutions, TD-SCDMA wireless networking equipment, optical, microwave and IP transmission offerings, IP service routers, application platforms and related services.

Under the China Telecom agreement, valued at approximately USD 700 mln, Alcatel-Lucent will supply its 3G CDMA/EV-DO networking equipment, application platforms, optical and IP transmission platforms, IP service routers and network maintenance services to support the rollout of the company's 3G wireless broadband network.

Keywords: supply contract network construction mobile network equipment 0728.HK 0941.HK 3G Alcatel-Lucent ASB CHA China Mobile China Telecom CHL EDGE GSM TD-SCDMA telecom equipment wireless CDMA2000 EV-DO

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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