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-------------------------------------------------------------- This story was printed from ZDNet Australia. --------------------------------------------------------------
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Nortel strikes deal in Taiwan By Sam Ames, Staff Writer July 31, 2001 URL: http://www.zdnet.com.au/news/soa/Nortel-strikes-deal-in-Taiwan/0,139023165,120251834,00.htm
Nortel Networks has signed a US$250 million deal to sell wireless equipment to a carrier in Taiwan. Chunghwa Telecom agreed to buy an assortment of gear that includes wireless infrastructure equipment that will expand its GSM network to 6.5 million subscribers and enable the carrier to offer wireless Internet services. Nortel announced a similar US$250 million deal in September of last year that would expand Chunghwa Telecom's GSM network. The telecom equipment giant has also signed a number of wireless contracts in the Asia-Pacific region, including two deals with China Unicom of the People's Republic of China. Nortel closed a deal in June worth US$270 million for wireless equipment in several provinces, and signed a US$275 million agreement in May for CDMA (code division multiple access) equipment. As part of a global axing spree costing 3,000 jobs, Nortel has shut the doors of its optical component solutions unit in Australia.
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