China's Huawei to supply 4G gear to Teliasonera

Thu Jan 15, 2009 5:56am EST
 
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BEIJING, Jan 15 (Reuters) - Huawei Technologies [HWT.UL], China's largest telecoms equipment maker, said on Thursday it will supply Teliasonera's (TLSN.ST) fourth-generation (4G) network, but did not give any financial details.

Huawei Technologies Co Ltd will supply long-term evolution (LTE) base stations, core network and operating support system to Nordic telecom company Teliasonera, in a deal that could be the Chinese company's first contract for 4G equipment.

Ericsson (ERICb.ST), the world's biggest telecom network maker, said earlier in the day that it would build a commercial 4G network for TeliaSonera.

Huawei and smaller rival ZTE (0763.HK) have been expanding rapidly, taking market share with aggressive pricing from global giants such as Nokia (NOK1V.HE) and Nortel Networks NT.N (NT.TO), which filed for bankruptcy on Wednesday.

Earlier this month, local Chinese media said Huawei's global contract sales jumped 46 percent in 2008 to $23.3 billion.

($=6.84 yuan) (Reporting by Kirby Chien; Editing by Erica Billingham)

 

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