Canada’s telecommunications equipment giant Nortel Networks Corp. has signed an agreement to sell its money-losing UMTS high-speed wireless infrastructure division to France’s Alcatel SA for 320 million US dollars.
Source: english.people.com.cn

South Africa: New Kid Should Help SA Become More Competitive — Minister 
COMMUNICATIONS Minister Ivy Matsepe-Casaburri has welcomed the launch of Neotel and expressed hope that it would contribute to the success of the telecommunications sector and the success of the nation.
Source: allafrica.com

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