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: lidongmei@powercn.com
Investor Relations (HK):
Ruby Yim
Taylor Rafferty
Tel: +852-3196-3712
Email: GrenTech@Taylor-Rafferty.com
Investor Relations (US):
Delia Cannan
Taylor Rafferty
Tel: +1-212-889-4350
Email: GrenTech@Taylor-Rafferty.com
Media Contact:
John Dooley
Taylor Rafferty
Tel: +1-212-889-4350
Email: GrenTech@Taylor-Rafferty.com
