 Asia.Internet.com
Alcatel Signs DSL Deal With China Telecom
Alcatel of France said Thursday it had signed a deal in Beijing with China Telecom to develop DSL technology in China which enables high-speed Internet access over traditional telephone lines.
In a statement, Alcatel said it would supply 7300 DSL access multiplexers to China Telecom as well as its SpeedTouch DSL modems.
"This agreement sets a blue print for a long-term strategic cooperation", Alcatel said. The value of the deal with China's largest telecommunications provider was not specified.
The company is hoping to cash in on the rapid rise of Internet use in China, which counted 22.5 million users at the end of 2000 compared with 8.9 million the previous year.
The Asian Wall Street Journal in a report from Hong Kong said the deal could be valued at between US$70 million to US$225 million in the first year, with most of the business to follow in later years.
Alcatel boasts it is the world leader in Digital Subscriber Lines (DSL) ahead of its main competitors the US giant Motorola and Germany's Siemens, with more than 53 percent of the market and six million lines delivered in 2000.
Alcatel also signed a US$180 million deal with Jiangsu Mobile to extend the mobile phone network in eastern Jiangsu Province, Alcatel said in a statement.
The group has already installed mobile phone networks across half the Chinese provinces.
(China Daily 03/22/2001)
China's Real Sports Contest
Mon Mar 7,10:04 AM ET Business - BusinessWeek Online
By Dexter Roberts in Beijing, with Stanley Holmes in Seattle
For shoppers who wear out their soles pounding the cobblestones of Beijing's busy Wangfujing Street in search of bargains, there's no shortage of options for getting reshod. A cartoon image of the Brazilian soccer star Ronaldinho peers out from posters in the windows of the two-story Nike Inc. store, while nearby another big Nike shop dominates the ground floor of the Sun Dong An Department Store. Just down the street, stores of the homegrown champion Li-Ning face each other across the crowded pedestrian mall, both emblazoned with the company slogan, "Anything is Possible." A bit farther, signs at the Adidas outlet shout its slogan, "Impossible is Nothing." And on it goes: Converse, New Balance, Puma, Reebok, and Chinese upstarts Double Star and Anta all have either stand-alone shops or prominent displays in department stores on the street
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