China Grentech Won Bids for TD-SCDMA Coverage Equipment From Both China Mobile and China Telecom
June 08 2007 - 8:49AM
PR Newswire (US)
SHENZHEN, China, June 8 /Xinhua-PRNewswire-FirstCall/ -- China
GrenTech Corporation Limited (NASDAQ:GRRF) ("the Company" or
"GrenTech") today announced that it won bids from both China Mobile
Limited ("China Mobile Group") and China Telecommunication
Corporation ("China Telecom") to supply TD-SCDMA wireless coverage
equipment for the expanded TD-SCDMA technique trial network. The
win with China Mobile Group came through the first centralized
bidding process for China Mobile Group's TD-SCDMA wireless coverage
products. This is another win for the Company garnered through
China Mobile Group's large scale centralized bidding process. This
contract demonstrates that GrenTech has become the qualified
supplier of wireless coverage equipment for China Mobile Group's
TD-SCDMA trial network, and also furthers GrenTech's initiative to
increase its market share from China Mobile Group. The expanded
TD-SCDMA technique trial networks have been deployed in ten cities
in China, among which, networks in eight cities will be constructed
by China Mobile Group, while networks in the other two cities will
be constructed by China Telecom and China Netcom (Group) Company
Limited ("China Netcom") respectively. As a leading provider of
wireless coverage solutions in China, GrenTech has established a
business relationship in 2001 with China Mobile Group, the largest
wireless telecommunication network operator in China and largest
capital investor in wireless coverage solutions. The Company has
since become one of the major wireless coverage solution providers
for China Mobile Group. Additionally, GrenTech is also a major
wireless coverage solution provider for China Telecom. About China
GrenTech Corporation Limited GrenTech is a leading radio frequency
("RF") technology developer and a leading provider of wireless
coverage products and services to telecommunication operators in
China. The Company uses RF technology to design and manufacture
wireless coverage products, which enable telecommunication
operators to expand the reach of their wireless communication
networks to indoor and outdoor areas, such as buildings, highways,
railways, tunnels and remote regions. Based on its in-house RF
technology platform, the Company also develops and produces base
station RF parts and components sold to base station equipment
manufacturers. China GrenTech is a qualified supplier of RF parts
and components to six major base station equipment manufacturers
such as Huawei Technologies, ZTE, Datang Mobile, etc. For more
information, please visit our website at
http://www.grentech.com.cn/ . For more information, please contact:
Investor Contact: Dora Li, IR Director China GrenTech Corp Ltd.
Tel: +86-755-8350-1796 Email: Investor Relations (HK): Ruby Yim
Taylor Rafferty Tel: +852-3196-3712 Email: Investor Relations (US):
Delia Cannan Taylor Rafferty Tel: +1-212-889-4350 Email: Media
Contact: John Dooley Taylor Rafferty Tel: +1-212-889-4350 Email:
DATASOURCE: China GrenTech Corporation Limited CONTACT: Investor
Contact - Dora Li, IR Director of China GrenTech Corp Ltd.,
+86-755-8350-1796, or ; Delia Cannan, Investor Relations (US) for
Taylor Rafferty, +1-212-889-4350, or GrenTech@Taylor- Rafferty.com;
Ruby Yim, Investor Relations (HK) for Taylor Rafferty, +852-
3196-3712, or ; John Dooley, Media Contact for Taylor Rafferty,
+1-212-889-4350, or
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