Ericsson announces $1.8bn China deals

Swedish telecoms equipment group Ericsson has announced deals with China Mobile and China Unicom worth a combined $1.8bn (£1.2bn).

Ericsson will provide China Mobile, the world's biggest mobile operator, with equipment to boost the capacity of its mobile network.

It will supply its rival, China Unicom, with a faster 3G network.

China is the world's biggest mobile phone market with more than 700 million mobile users.

Read Full Article from BBC News

- Posted: 2010-03-29 09:31:49

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