Expansion of GSM networks lets China Mobile maximize network assets,
increase subscriber base and grow revenue
BEIJING, Aug. 12 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT)
today announced contracts worth US $394 Million with China Mobile
Communications Corporation (CMCC) for GSM network expansion. The multiple
contracts were signed in the first half of 2007 and reflect Motorola's
ongoing leadership in providing comprehensive telecommunications solutions.
Approximately 60% of the Revenue from these contracts was recognized in the
first half of 2007.
Pursuant to the contracts, Motorola supplied CMCC with GSM
infrastructure equipment such as its Horizon II base stations, in addition
to value added services. The expanded networks are now successfully
deployed across 16 provinces and municipalities, including Beijing,
Tianjin, Si Chuan, Zhe Jiang, Hunan, Guangdong, Yun Nan, Fu Jian, Hu Bei,
Shan Xi, Jilin, Liaoning, Jiang Xi, Anhui, Guizhou and Inner Mongolia. The
network expansion and services will enable China Mobile to not only grow
its subscriber base, but better manage its complex network to provide users
with more attractive high-quality services, such as multimedia
functionality.
"Today's announcement clearly illustrates Motorola's continued success
in the GSM market and its position as one of the leading equipment and
services suppliers in China," said Ruey-Bin Kao, president of Motorola
China. "Our goal is to continue to provide China Mobile with a
state-of-the-art GSM network that enlarges its network coverage, maximizes
investment and delivers the best services to its customers."
Li Yue, executive vice president of China Mobile, said, "As China
Mobile strives to create quality of excellence, Motorola, with its advanced
technologies and services, has been involved in building high-performance
and cost efficient infrastructure networks for CMCC. We look forward to
continued cooperation with Motorola in the future." Mr. Li further
highlighted the quality and reliability of Motorola's solutions and
services, and the company's rapid response time in expanding the China
Mobile networks.
Motorola and China Mobile have worked together for over 20 years. As of
April 2007, China Mobile counted more than 330 million wireless subscribers
on its nationwide network.
About China Mobile Communications Corporation
China Mobile Communications Corporation (China Mobile) was officially
established on April 20th, 2000 and is directly under the supervision of
the central government. China Mobile is a key state-owned enterprise
created to run mobile business after the reform and restructuring of China
Telecom in 2000.
China Mobile has a registered capital of 51.8 billion RMB, with assets
of over 500 billion RMB and 111,998 employees. It has wholly-owned
subsidiaries in 31 provinces and autonomous regions and fully holds the
equity of China Mobile (HK) Group Limited. China Mobile (HK) Limited, of
which China Mobile (HK) Group Limited is the major shareholder, has
wholly-owned subsidiaries in 31 provinces, autonomous regions and
municipalities and its stock is publicly sold on the HK and New York Stock
Exchanges.
About Motorola
Motorola is known around the world for innovation and leadership in
wireless and broadband communications. Inspired by our vision of seamless
mobility, the people of Motorola are committed to helping you connect
simply and seamlessly to the people, information, and entertainment that
you want and need. We do this by designing and delivering "must have"
products, "must do" experiences and powerful networks -- along with a full
complement of support services. A Fortune 100 company with global presence
and impact, Motorola had sales of US $42.9 billion in 2006. For more
information about our company, our people and our innovations, please visit
http://www.motorola.com.
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. 2007. All rights reserved.
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