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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

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To: John Biddle who wrote (33114)	3/5/2003 7:10:05 AM
From: John Biddle	Read Replies (1) of 196984

China Mobile, Nortel sign $36 mln network deal Tuesday March 4, 11:47 pm ET Reuters biz.yahoo.com BEIJING, March 5 (Reuters) - Canadian telecoms equipment vendor Nortel Networks Corp (Toronto:NT.TO - News; NYSE:NT - News) said on Wednesday it has signed a $36 million deal to expand China Mobile Communications Corp's network in northern China. The upgrade would increase the capacity of China Mobile, parent of China Mobile (Hong Kong) Ltd (HKSE:0941.HK - News; NYSE:CHA - News), by 1.8 million subscribers, it said in a statement. The expansion would allow China Mobile, the country's biggest mobile carrier, to offer faster and more data-rich GPRS services in the northern province of Hebei. Nortel, battered by a worldwide spending slump from operators, said it has deployed wireless networks in 17 of China's 31 provinces.

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