Alcatel-Lucent reportedly gets 16.6% of China Telecom 4G order

|About: China Telecom Corporation L... (CHA)|By:, SA News Editor

Marbridge Consulting reports Alcatel (ALU -0.1%) was the only Western telecom equipment provider to receive a large share of a China Telecom (CHA +0.2%) 4G equipment tender.

Local equipment giants ZTE (ZTCOY.PK) and Huawei are received 32% and 28.9% of the order, respectively. Alcatel came in at #3 with 16.6%, and was followed by China's New Postcom (6.4%) and Datang (5.7%). Ericsson, Nokia, and Fiberhome (another local firm) received less than 5% of the order between them.

Alcatel also received a double-digit share of a recent China Mobile tender for 207K 4G base stations. Ericsson and Nokia fared notably better that time around.