Ericsson, the Swedish Telecom equipment maker, has competed a deal to expand China’s GSM network by signing deals with both China Mobile and China Unicom according to China Daily.
The GSM network investment in China is worth $1.44 billion to Ericsson with $1.3 billion in China Mobile and another $140 million in China Unicom.
The project is set for completing in 2008.
For more watch this informative video: Ericsson Signs a $1.44 Billion Deal with Chinese Mobile Co.
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