China Trade Information

ZTE Corp<000063><763>, China’s largest listed telecoms manufacturer, announced on Wednesday it signed supply deals with China Telecom<728> for CDMA equipments worth RMB 258 million in November, according to its filing with the Shenzhen Stock Exchange.

Under the deal, ZTE will provide China Telecom with equipment and technical support valued at RMB 258 million, along with an RMB 47.474 million services deal, the Shenzhen-based company said.

Last month, ZTE said it clinched deals worth RMB 1.331 billion in total with China Telecom, including a wireless equipment contract worth RMB 1.27 billion,

and an operation network contract worth RMB 61 million, which accounted for 15% of the total amount of China Telecom’s first round of CDMA network equipment and terminals tender, China Knowledge reported earlier.

Tags: CDMA, China-Telecom, ZTE

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