GSM Suppliers Submit Bids For 1Mn STC Lines...
Bidders for the Saudi Telecommunications Company (STC) GSMproject, which aims to add an additional 1mn lines, submitted their tenders on30 October with associated financing proposals. The project cost is estimatedto be around $600-700mn and the supply bidders for the contract are LucentTechnologies, Alcatel, Siemens, Ericsson, Motorola, Nokia and Nortel Networks.Analysts believe that the contract will...
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