BELARUS NEWS AND ANALYSIS

DATE:

21/12/2005

Alcatel's Chinese unit to open representative office in Belarus

MINSK, Dec 21 (Prime-Tass) -- China's Alcatel Shanghai Bell, a subsidiary of French telecom equipment producer Alcatel, plans to set up a representative office in Belarus, Alexander Popov, director of Alcatel's representative office in Belarus, told reporters Wednesday.

Alcatel Shanghai Bell's parent company already has a representative office in Belarus. However Alcatel Shanghai Bell wants to open its own representative office in order to facilitate the implementation of a U.S. $234 million equipment supply deal concluded with Belarus' state-controlled mobile operator Belarus Telecommunications Network, or BeST, in September, Popov said.

Popov did not say when the office is expected to be opened. Alcatel Shanghai Bell plans to submit to Belarus' Foreign Ministry documents necessary for the opening of a representative office by the end of this year, he said.

Alcatel Shanghai Bell obtained the equipment supply contract at a tender. In December BeST took out a $184.2 million loan from Export-Import Bank of China, or China Eximbank, to fund the equipment supplies.

Source:

http://www.cellular-news.com/story/15346.php

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