China's telecom provider helps construct Haiti's communication facilityChina's leading telecom equipment provider ZTE, has begun work on a contract with Haiti's Haitel that it signed last year, Friday's China Securities Journal reported. The first part of the 39-million-dollar contract is expected to be completed in June, while the second part will be finished this year, said Wang Rong, a ZTE manager. ZTE has signed the 39-million US dollars agreement with Haitel, Haiti's largest mobile communication operator last July to provide a 500,000-line CDMA facilities for the country. The two companies will also work together to service the facility. Wang said due to a lack of infrastructure in Haiti, the investment costs are relatively high. ZTE scored 40 billion yuan (about 5 billion U.S. dollars) in sales revenue in 2005. It is the only Chinese company that has an office in Haiti. Source: Xinhua |
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