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Huawei, ZTE take half China Mobile LTE contract - report
2013-08-23 09:23:00| Telecompaper Headlines
(Telecompaper) China Mobile has awarded initial LTE contracts worth around CNY 20 billion with Chinese suppliers Huawei and ZTE taking more than half, reports Reuters citing industry sources. Huawei Technologies and ZTE have obtained about 25 percent each of the total LTE procurement in China Mobile's tender this year, said the sources. Foreign vendors such as Ericsson, Alcatel-Lucent and Nokia Siemens Networks have obtained a share of around 10 percent each. People familiar with the deal told the Wall Street Journal reports that Ericsson, Alcatel-Lucent and NSN will each receive 11 percent of the deal. Huawei and ZTE will each receive 26 percent, with a collection of smaller Chinese suppliers winning the remaining 15 percent. It adds that
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Category:Telecommunications