ZTE Wins 50% of China Telecom Order

Aug. 25, 2008  From http://english.catr.cn

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.

(Editor: Irene Lu)