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Nortel Wins China Deal
Nortel has signed a deal (financial details not disclosed) with China's Ministry of Railways to provide switching centres to enable digital mobile signalling and communications along passenger lines in 20 of the country's 31 provinces. While it's encouraging to see the company do more business in China, the real prize is wireless equipment for the country's 3G networks. Lucent/Alcatel, Ericsson, Nokia and Nortel have been anxiously waiting for the government to unveil its 3G licensing plans. Then, the fun will begin.