Alcatel and Datang Mobile Form Strategic Partnership for TD-SCDMA Development in China
Alcatel (Paris: CGEP.PA and NYSE: ALA) and Datang Mobile have entered into a groundbreaking partnership agreement to accelerate the introduction of TD-SCDMA in China. The agreement, signed in Beijing, China, marks a significant milestone in the development of China's home-grown 3G standards. Alcatel will invest €25 million in Datang Mobile, including shareholding, product planning, system integration, and manufacturing. The partnership will enable the companies to form a dedicated team for the industrialization of TD-SCDMA products, with the first products expected to be delivered to the Chinese market by June 2005. This strategic partnership will put both companies at the forefront of the TD-SCDMA market, poised to capitalize on the growth opportunities arising from the commercial deployment of 3G in China.
Key Takeaways:
- Alcatel and Datang Mobile have entered into a partnership agreement to promote the introduction of TD-SCDMA in China.
- Alcatel will invest €25 million in Datang Mobile, including shareholding, product planning, system integration, and manufacturing.
- The partnership will enable the companies to form a dedicated team for the industrialization of TD-SCDMA products in Alcatel's manufacturing base in Shanghai.
- The first TD-SCDMA products are expected to be delivered to the Chinese market by June 2005.
- The partnership will position both companies as leaders in the TD-SCDMA market, leveraging Alcatel's expertise and technology for large-scale manufacturing.
- Datang Mobile will adopt Alcatel's core system and applications for TD-SCDMA solution.
- Alcatel's user-centric broadband vision encompasses a full range of solutions to enable operators to deliver ubiquitous and easy broadband access to end-users.
- Alcatel has commenced interoperability testing with China's Ministry of Information Industry for TD-SCDMA.
Statistics:
- Alcatel will invest €25 million in Datang Mobile.
- The partnership aims to deliver the first TD-SCDMA products to the Chinese market by June 2005.
- Alcatel has a global customer base in over 130 countries.
- Alcatel's sales reached €12.5 billion in 2003.
Sources:
- Datang Press Contact: Liu Di, Tel:+86-10-58-61-29-68, liudi@dohero.com.
- Alcatel Press Contacts: Aurelie Boutin / HQ, Tel: +33-1-40-76-11-79, Aurelie.Boutin@alcatel.com; Regine Coqueran / HQ, Tel: +33-1-40-76-49-24, Regine.coqueran@alcatel.com.
- Alcatel Investor Relations: Pascal Bantegnie, Tel: +33-1-40-76-52-20, Pascal.bantegnie@alcatel.com; Peter Campbell, Tel: +33-1-40-76-1311, Peter.campbell@alcatel.com; Charlotte Laurent-Ottomane, Tel: +1-703-668-3571, Charlotte.laurent-ottomane@alcatel.com.