Lucent among firms signing $1.4B in deals with China
Posted on: Wednesday, 14 January 2004, 06:00 CST
WASHINGTON - U.S. telecommunications companies, including Murray Hill-based Lucent Technologies, on Tuesday signed $1.4 billion worth of deals to supply equipment and technology to China.
Motorola signed a $556 million contract with China United Telecommunications Corp. to provide voice and multimedia services to wireless customers.
The company also signed a $510 million deal with China Mobile Communication Corp. to improve and expand the Chinese wireless network.
In addition, Lucent Technologies announced deals worth more than $350 million with Chinese telecommunications companies to provide equipment for both mobile and corded telephone systems.
Lucent also will provide equipment and switches to enable phone calls in China to be carried over the Internet through voice-over- Internet protocol.
Juniper Networks is involved in the Lucent deals.
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