CVG signs USD140 million series of network deals

19 Oct 2006

Venezuelan telco CVG Telecom has agreed six network build contracts with Chinese equipment vendors Huawei, ZTE and Alcatel Shanghai Bell worth a total of USD140 million, reports BNamericas quoting state news agency ABN. Under the deals, Alcatel Shanghai Bell will construct a network access point, a national microwave network and a network management centre, while Huawei will provide communication infrastructure for a central transportation system and provide equipment and other services for a national broadband rollout; ZTE will deploy further broadband infrastructure. The contracts are in addition to a national fibre-optic network being installed by ZTE, and a mobile factory to be built by Huawei and CVG.