Telecom Equipment News
- GrenTech wins China Mobile contract
Date: 25-Jun-2007 Sources: (Shenzhen Daily)
CHINA GrenTech Corp. Ltd. said it won a bid to supply wireless network equipment to China Mobile, the world's largest mobile phone operator, for next year's Olympic Games. The company did not disclose the size of the contract.
However, Susquehanna Financial Group analyst Adele Mao estimated the potential contract value in the range of US$1 million to US$3.5 million. In addition to supplying equipment, GrenTech will also help design and construct the Olympic wireless local-area network, the company said in a statement.
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