Motorola, China Mobile announce $394 million worth deals
By Dusan Belic on Monday, August 13th, 2007 at 4:59 AM PST In Announcements, China Mobile, Motorola
Some good news for Motorola (NYSE: MOT). They’ve managed to secure contracts with China Mobile (NYSE: CHL) worth $394 million. Under the agreement, the American company will supply the leading Chinese carrier with GSM infrastructure equipment such as its Horizon II base stations. The new equipment will help the China Mobile further expand and better manage its complex network to provide users with more attractive high-quality services, such as multimedia functionality.
Now, we may speculate that Moto’s next step would be to secure distribution of their recently announced low-end handsets in China. Sounds like a plan!

