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Ericsson Acquires Guangdong Nortel
Ericsson PR, 12/01/10
Ericsson today signed an agreement to acquire certain assets of Guangdong Nortel Telecommunication Equipment Company (GDNT) for USD 50 mln on a cash and debt-free basis. Read More
Huawei Recruits Former Nortel CTO
Sina Tech, 11/23/10
Chinese telecom equipment manufacturer Huawei recently recruited former Nortel CTO John Roese to serve as senior VP and GM of R&D in North America. Read More
Beijing to Build "Mobile Valley" in Zhongguangcun
Sina Tech, 7/24/09
The government of Beijing's Chaoyang District has signed a strategic agreement with Beijing Mobile and the TD-SCDMA Industry Alliance to transform the Zhongguancun Electronics City Science Park, located in Beijing's Wangjing area, into China's "Mobile Valley," to serve as a gathering ground for corporate headquarters, R&D centers, and new technology service centers for the wireless telecom industry. Read More
Nortel China Starts Large-Scale Layoffs
Beijing Evening News, 4/01/09
Nortel China's Corporate Networks department is to lay off 60% of its staff, with redundancy payments of one month's salary. Read More
Freecomm Enters Telecom Equipment Market
Oriental Morning Post, 2/18/09
The recently established Freecomm Data Communication announced in Beijing yesterday that it would enter the telecom network equipment market and compete directly with Huawei, Motorola, Nortel and others. Read More
Nortel China Girds Loins as Parent Company Collapses
Tencent Tech, 1/15/09
An employee at Nortel China has confirmed that its parent company Nortel Networks has applied for bankruptcy protection, but that Chinese operations would continue as normal. Read More
Update: Details of China Telecom CDMA Bidding Results
China Business News, 10/17/08
A source at a telecommunications equipment firm confirmed today that China Telecom (NYSE: CHA; 0728.HK) has finalized the results for its joint first and second rounds of CDMA equipment bids. Read More
China Telecom Awards CDMA Equipment Contracts
Southern Metropolitan News, 10/15/08
China Telecom's (NYSE: CHA; 0728.HK) bidding results for CDMA network equipment for over 300 cities have been quietly settled. Read More
Rumor: CDMA Bidding Results Finalized
Communications Weekly, 9/22/08
Industry insiders have revealed that the results for the first round of China Telecom's (NYSE: CHA; 0728.HK) tender for wireless CDMA equipment have essentially been finalized. Read More
Huawei Denies Low Bid Price for CDMA Equipment
Southern Metropolitan News, 8/19/08
It is claimed that Chinese telecom equipment manufacturer Huawei quoted a price of RMB 690 mln to China Telecom (NYSE: CHA; 0728.HK) for CDMA equipment procurement, with a senior executive at another telecom equipment manufacturer stating that China Telecom has a budget of RMB 10 bln for this round of purchasing. Read More
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