China Trade Information

Swedish telecom equipment maker Ericsson said on Wednesday it had not competed with Alcatel-Lucent for a $1 billion deal with China Mobile which the French group signed on Tuesday.

Ericsson Chief Executive Carl-Henric Svanberg said the Swedish group had not been beaten to the deal, which is a framework agreement to provide mobile communication equipment and services.

“We weren’t competing for that order,” Svanberg told reporters at a meeting in Stockholm.

Svanberg had been asked about the deal, which had prompted a lengthy article in Swedish business daily Dagens Industri about how Ericsson’s rival had won the order.

Ericsson, Nokia Siemens [NSN.UL] and Alcatel-Lucent are the leading players in the telecoms network market but have been increasingly challenged by Chinese vendors Huawei [HWT.UL] and ZTE in the last few years.

Tags: China-Mobile, Ericsson, Huawei, mobile, Nokia, Siemens, telecoms, ZTE

• ZTE, Potevio Obtain HSDPA Licenses (0)
• ZTE, Huawei: Big Winners of China Telecom’s CDMA Orders (1)
• ZTE Wins WiMax Deal (0)
• ZTE wins telco deal to expand network (0)
• ZTE Will Provide Accounting Services (0)
• ZTE USA says has not held Motorola talks (1)
• ZTE upgraded to overweight on expected profit rise (0)
• ZTE Unveils TD-SCDMA Handset (0)