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 Dec 3 2008 | 02:19
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ZTE Wins 50% of China Telecom Order, Morning Post Reports

Updated:2008/8/21 14:17

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ZTE Corp., a Chinese telephone- network equipment maker, won half of a 10 billion yuan order ($1.5 billion) from China Telecom Corp., the South China Morning Post reported, without saying how it obtained the information.

Alcatel-Lucent won about 20 percent of China Telecom's contract for its code division multiple access wireless value- added service platform, while the remainder was split among other companies including Huawei Technologies Co., the newspaper said today.

ZTE was also awarded China Telecom's order to build a mobile-positioning system and a multimedia message service, according to the Chinese phone operator's Web site, the report said.

 

Source:Bloomberg

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