China Life Insurance (TG:CHL)
Historical Stock Chart

From Sep 2019 to Sep 2024

Franco-U.S. telecommunications equipment company Alcatel-Lucent (ALU) Tuesday said it has been selected, together with Datang Mobile, to deploy mobile networks for China Mobile Ltd.(CHL) in 11 Chinese provinces.

The consortium will deploy China Mobile's phase III Time Division-Synchronous Code Division Multiple Access, or TD-SCDMA, mobile networks. TD-SCDMA is a relatively new technology developed mainly in China.

"With this win, the consortium expands its market footprint and maintains its leadership position in the TD-SCDMA market, achieving overall market presence in 16 out of 31 provincial markets in China," Alcatel-Lucent said in a statement.

"We believe that Datang Mobile and Alcatel-Lucent Shanghai Bell will enhance their strategic partnership and continue the win-win cooperation in the future development of TD-SCDMA," Xie Yongbin, President of Datang Mobile said in the statement.

Alcatel-Lucent and Datang Mobile, a unit of Datang Telecom Technology Ltd. (600198.SH), have had a strategic partnership since 2004 to develop TD-SCDMA solutions in China.

Company Web site: www.alcatel-lucent.com

-By Ruth Bender, Dow Jones Newswires; +33 1 40 17 17 40; ruth.bender@dowjones.com