Datang Telecom Technology and Industry Group announced Thursday that it has won the bid to supply telecom equipment and services to China United Telecommunications Corp. for the latter's third-stage CDMA network expansion project.
The company has signed the supply contract valued at 118 million yuan (US$14 million) with China Unicom's Shaanxi Province, The Beijing News reported today.
Previous to the cooperation, Datang had won deals for China Unicom's previous two expansion projects.
Due to the slack market, Datang will probably report loss for the previous year, according to its latest notice.
(Shanghai Daily March 19, 2004)
