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S.Korea LS Cable wins $200 mln Iraqi network deal

Thu Jul 9, 2009 3:58am EDT

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SEOUL, July 9 (Reuters) - South Korea's LS (006260.KS) said on Thursday its unit LS Cable Ltd had won a 255.76 billion won ($200.2 million) order from Sinatel Co Ltd to supply and install a communication network in Iraq.

South Korea

Under the contract, LS Cable will set up the network for broadcasting, Internet and fixed-line and mobile telecom services in several key Iraqi cities by mid-2012, LS said in a filing with the Korea Exchange. ($1=1277.4 Won) (Reporting by Rhee So-eui and Miyoung Kim; Editing by Jonathan Hopfner)

South Korea


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