FET Inks 4G Hardware Deal with Ericsson

Taiwan’s Far EasTone Telecommunications (FET) is said to have inked a deal with the local subsidiary of Swedish vendor Ericsson under which it will procure 4G equipment worth TWD9.843 billion (USD324 million). FET has also struck an agreement with Xunwei Technologies, a Taiwanese subsidiary of China-based telecom vendor Huawei Technologies, to procure W-CDMA equipment, although no financial details of this contract were disclosed.

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