Motorola Signs Frame Agreement With China Mobile
May 13 2009 - 9:00PM
PR Newswire (US)
Cooperation will boost China Mobile's network capability and
performance to enable rich communications experiences BEIJING, May
13 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE:MOT) announced
today that the company has signed a one-year frame agreement with
China Mobile Communications Corporation (CMCC) to provide mobile
telecommunication equipment and services. The frame agreement was
signed in Washington, D.C. on 27 April 2009, and its projected
shipment and services value is estimated to be $310 million
reinforcing Motorola's position as a long term and trusted GSM
supply partner to China Mobile. Under the agreement, Motorola will
supply GSM/GPRS/EDGE infrastructure and related services to meet
China Mobile's growth needs in various markets served by Motorola
radio infrastructure equipment. Motorola's cutting-edge products
and solutions will be used by China Mobile to provide efficient
voice and data capacity and interworking between the customer's GSM
and TD-SCDMA networks. The announcement is the latest in a long
history of cooperation between China Mobile and Motorola. "Motorola
has worked with China Mobile for more than 20 years," said Dr.
Mohammad Akhtar, vice president and general manager, Home and
Networks Mobility, Motorola China. "As a long-term strategic
partner of China Mobile, Motorola is proud to continue being a part
of its growth. Motorola has always been an innovator and pioneer in
the mobile telecommunications industry. With the comprehensive
end-to-end portfolio that covers 2G, 3G and LTE, Motorola stands
ready to support China Mobile in building a state-of-the-art
network that maximizes investments and delivers the most appealing
communications experiences to its end users at home and on-the-go."
The interworking between GSM and TD-SCDMA has become an important
requirement as China Mobile strives to build the best-in-class
interoperability between its 2G and 3G networks. As a global leader
in GSM, Motorola continues its success in China and has delivered
network deployment and optimization services for many years to the
customer. With a good understanding of the Chinese market and
needs, Motorola can provide 2G/3G solutions that allow China Mobile
to maximize its investment and leverage its well-established
subscriber base. . About China Mobile Communications Corporation
Officially established on April 20th, 2000, China Mobile
Communications Corporation ("China Mobile" for short) has a
registered capital of RMB 51.8 billion and assets of more than RMB
700 billion. It fully holds the equity of China Mobile (HK) Group
Limited. China Mobile Limited, of which China Mobile (HK) Group
Limited is the major shareholder, have set up wholly-owned
subsidiaries in 31 provinces (autonomous regions and municipalities
directly under the central government) in China and has gone public
in the Hong Kong and New York Stock Exchanges. Currently, in terms
of its market value, China Mobile Limited is the largest among all
the overseas-listed Chinese companies and also among all the
telecom carriers in Asia. Listed as one of the Fortune 500
companies for seven consecutive years, China Mobile's latest
ranking is no.180. China Mobile has been the only Chinese company
among the Forbes Top 400 World's Best Big Companies for four
consecutive years. China Mobile is the only operator focusing on
mobile communication operation, with the largest mobile network and
subscriber base in the world. China Mobile is an official partner
of the 2008 Beijing Olympic Games. For more information, please
visit http://www.chinamobile.com/. About Motorola Motorola is known
around the world for innovation in communications and is focused on
advancing the way the world connects. From broadband communications
infrastructure, enterprise mobility and public safety solutions to
high-definition video and mobile devices, Motorola is leading the
next wave of innovations that enable people, enterprises and
governments to be more connected and more mobile. Motorola
(NYSE:MOT) had sales of US $30.1 billion in 2008. For more
information, please visit http://www.motorola.com/. Business Risks
Statements in this press release that are not historical facts,
including statements about the projected amount of sales under the
agreement, are forward-looking statements based on current
expectations that involve risks and uncertainties. Motorola
cautions the reader that delays or failure to deliver services on
the terms of the agreement, as well as other factors in Motorola's
most recent annual report on Form 10-K and in its other SEC
filings, could cause actual results to differ materially from the
forward-looking statements. MOTOROLA and the stylized M Logo are
registered in the US Patent & Trademark Office. All other
product or service names are the property of their respective
owners. (C) Motorola, Inc. 2009. All rights reserved.
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http://photoarchive.ap.org/ DATASOURCE: Motorola, Inc. CONTACT: Guo
Tian of Motorola China, +86-10-8473-4992, Web Site:
http://www.motorola.com/
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