Alcatel-Lucent Announces EUR 1.2B in Contracts in China

Alcatel-Lucent announced three framework agreements valued in total at EUR 1.178 billion with China Mobile, China Telecom and China Unicom. The contracts are to be signed on November 5th in Paris, during the visit of Hu Jintao, President of the People's Republic of China, and witnessed by the key government officials of the two countries.


China Mobile -- this EUR 530 million agreement covers GSM and TD-SCDMA wireless networking solutions, transmission equipment, IP routers, and IP Multimedia Subsystem (IMS) platforms and professional services.


China Telecom -- this EUR 343 million agreement covers CDMA wireless networking solutions, high-capacity fiber-based (xPON) and DSL access platforms, IP routers, transmission equipment, and applications.


China Unicom -- this EUR 305 million agreement covers WCDMA and GSM wireless networking solutions, high-capacity fiber-based (xPON) access platforms, IP routers, transmission equipment, managed services, femtocell solutions, solutions for the convergence of telecom, internet and TV broadcasting networks and 3G applications.


"China is a booming market and we value our role in helping bring the power of IP and broadband to the hands of its people wherever they are -- on the road, at the home and in the office," said Ben Verwaayen, chief executive officer of Alcatel-Lucent.
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