One.Tel to Award Lucent Cellular Network Contract, Paper Says
Sydney, April 13 (Bloomberg) -- One.Tel Ltd., an Australian telecommunications carrier, is expected to soon grant U.S.-based Lucent Technologies Inc. a A$240 million (US$150 million) contract to build One.Tel's cellular phone network, the Australian newspaper reported, without citing any sources. Lucent beat rivals Motorola Inc. and Nokia Oyj for the contract to build Australia's fourth cellular phone network, which will challenge Telstra Corp., Cable & Wireless Optus Ltd. and Vodafone. One.Tel's Joint Managing Director, Jodee Rich, said the cellular network would be profitable by the end of its second year, the paper reported.
One.Tel said last week it's been granted a license to run a digital phone network in Australia, and it plans to offer services in Sydney, Australia's biggest city, and Brisbane, the capital of Queensland state, by the first quarter of next year. (The Australian, 4/13 p.21 , www.news.com.au)
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