Alcatel-Lucent signs China deals worth $1.7 bln

NEW YORK, April 27 - Alcatel-Lucent said on Monday it had signed two agreements valued at $1.7 billion with China Mobile and China Telecom to provide network upgrades, integration and maintenance services in 2009.

The agreements were secured through Alcatel-Lucent Shanghai Bell, Alcatel-Lucent's Chinese flagship company.

The agreement with China Mobile is valued at about $1 billion, while the China Telecom deal is valued at about $700 million, Alcatel-Lucent said.

The agreements were signed in Washington, D.C., where on Monday U.S. and Chinese companies signed 32 business deals worth $10.6 billion.

China Telecom also signed contracts with Cisco , Microsoft , Dell and Emerson , while China Mobile deals included those with with HP, Oracle ), Emerson, Sun Microsystems and Cisco.


No comments: