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Telecom equipment makers waiting for Chinese CDMA bidding results
Posted: 24-Apr-2001 [Source: The Korea Herald]

[Results of China's CDMA network bidding to be announced Friday.]

by Shin Hye-son -- "Telecom equipment manufacturers Samsung Electronics and LG Electronics are anxiously awaiting the results of a massive Chinese CDMA (code division multiple access) bidding, industry sources said yesterday. According to the Ministry of Information and Communication, China Unicom, a state-run telecom operator which organized the bidding, is understood to be unveiling the list of winners this Friday, after which a nationwide CDMA network covering 300 areas and handling about 13.3 million subscribers will be opened this October as scheduled.

"Reports have it that contracts will be signed soon after the list is made public.

"Samsung and LG, deemed qualified to bid for 4.92 million lines or 36.9 percent out of the total 13.32 million lines in 31 areas, are concentrating on the final steps needed to win the bidding.

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