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Motorola wins $431 mn China Mobile deals 6 Aug, 2008
Motorola Inc said on Wednesday that it won multiple network expansion orders worth $431 mn from the world's top mobile operator, China Mobile, in the first half of 2008.
The company, which plans to spin off its mobile device business next year, said about 50 per cent of the revenue from these contracts was recognized in the first half.
The latest contract follows a $394 mn contract over the same period last year, the company said. Motorola's some of the recent wins include expansion contracts with VNPT Group in Vietnam, Mobily in Saudi Arabia, and Celtel Nigeria in Nigeria, the company said in a statement.
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