Motorola Wins Multiple Chinese GSM Expansion Contracts
Published on: 5th Aug 2008
Note -- this news article is more than a year old.
Motorola has signed multiple contracts worth USD431 million with China Mobile Communications Corporation (parent of Hong Kong listed China Mobile Ltd) for its GSM network upgrades and expansion. The contracts were signed in the first half of 2008 and approximately 50% of the revenue from these contracts was recognized in the first half of 2008.
Under these agreements, Motorola will supply CMCC with GSM network equipment and a range of services. The expanded and optimized GSM networks will then be deployed across 16 provinces and municipalities within the coverage area of CMCC, namely Beijing, Tianjin, Sichuan, Zhejiang, Henan, Hunan, Guangdong, Yunnan, Fujian, Hubei, Shanxi, Jilin, Liaoning, Jiangxi, Anhui and Guizhou.
Ruey-Bin Kao, President of Motorola China, said: "Motorola has worked with China Mobile for over 20 years. As a long-term strategic partner of China Mobile, we continue to provide China Mobile with a state-of-the-art GSM network that extends its network coverage, maximizes investment and delivers the most attractive communication experience to its customers."
As of 31st May 2008, China Mobile has more than 400 million wireless subscribers on its nationwide network.