PARIS " Following French president's trip to China, Paris-based network supplier Alcatel-Lucent announced it has signed a package of framework agreements, amounting to 750 million (about $1.114 billion), to deliver mobile communication solutions and services with Chinese state-owned operators China Mobile and China Unicom.
Alcatel-Lucent specified that it would sell China Mobile 600 million worth of equipment, including GSM/GPRS/EDGE radio and core networking devices, mobile applications, IP routers and optical networking kit.
In parallel, Alcatel-Lucent said it would provide China Unicom with 150 million worth of CDMA networking equipment, GSM/GPRS radio and core networking apparatus, mobile applications, IP routers, optical networking and related services.
These agreements, won by Alcatel-Lucent's Chinese subsidiary Alcatel Shanghai Bell, were concluded in an official ceremony in Pekin in presence of French president Nicolas Sarkozy and its Chinese counterpart Hu Jintao.