Tuesday, April 15, 2008

Ericsson clinches deals with China pair

Ericsson clinches deals with China pair

By David Ibison in Stockholm

Published: April 14 2008 18:59 | Last updated: April 14 2008 18:59

Ericsson, the world’s largest telecommunications equipment producer, has signed contracts worth $1.44bn with China’s two biggest mobile phone companies.

The deals deepen the Swedish company’s roots in China at a time when it is battling to secure lucrative contracts to help supply China’s home-grown mobile network.

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