Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Motorola secures supply contract worth 394 mln USD with China
Mobile
+ -
21:03, August 14, 2007

 Related News
 China's pork prices almost double in 12 months, pig production
being boosted

 Gold price lower in Hong Kong -- Aug. 14
 Comment  Tell A Friend
 Print Format  Save Article
Telecommunications giant Motorola has signed an agreement to supply equipment worth 394 million U.S. dollars to China Mobile Communication Corporation (CMCC) in order to expand its network capacity in China.

The U.S. mobile phone manufacturer said in a statement published on its website that it had signed the contracts in the first half of this year, and about 60 percent of the sales included in the contracts had been registered during that period.

However, Motorola recorded a loss of 28 million U.S. dollars in the second quarter following its first-quarter losses, its first back-to-back losses in five years, according to its financial report announced in July.

Its weak performance has prompted analysts to say it had slipped to third in the global mobile phone market behind Nokia of Finland and Samsung of the Republic of Korea in the second quarter.

The company said it had provided equipment and project services for the Chinese company, which operates a network based on the GSM standard of wireless communication, and had helped expand or update the network in 16 Chinese provinces covered by the CMCC service.

China Mobile is the largest mobile communication operator in China with more than 330 million users by April this year.

Source: Xinhua



  Your Message:   Most Commented:
Respond "Nanking" with humanity, respect, tears & applause: Interview
Week's special: Summer peak transportation of rails
NATO, caught in "transformation"
Roadside bomb blast kills 26 people in SW Pakistan

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/6239702.pdf