CDMA technology ahoy...
Published: 3 December 2002 08:30 GMT
By Winston Chai
Telecom equipment maker Nortel Networks has bagged a $65m contract with China Unicom, the world's fourth largest mobile carrier.
Part of the deal is for CDMA (Code Division Multiple Access) network deployment in Hunan province, Nortel said in a statement. This part is estimated to be worth $25m.
Nortel said the remaining $40m is for contracts for GSM network expansions in five other Chinese provinces - Zhejiang, Heilongjiang, Shandong, Henan and Jiangxi.
The announcement comes on top of the $280m agreement signed between the two companies in October, which covers the same areas in addition to the municipality of Chongqing.
In the same period, China Unicom also unveiled contracts with three other equipment makers - Ericsson, Lucent and Motorola - as part of a gargantuan CDMA expansion effort worth over $1.2bn.
Winston Chai writes for CNETAsia.
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