VNPT Signs US$20 million Deal with LG-Nortel
Vietnam Posts and Telecommunications Group (VNPT), the largest post and telecom firm in Vietnam, has signed a US$20 million contract to buy telecommunications switching systems from LG-Nortel, local media said.
Under the contract, LG-Nortel will complete the shipment of 270,000 circuits of time-division exchange (TDX) switching systems and 140,000 lines of access gateways by the end of November, it said.
LG-Nortel has now become the first supplier of access gateways for Vietnam's next-generation network (NGN) project, it added.
The access gateways will initially be used for VNPT's pre-NGN stage. They will also be connected with soft switches without additional investment when the Vietnamese NGN project, LG-Nortel said.
LG-Nortel, a joint venture formed last November between LG Electronics Inc. and Nortel Networks Corp. of Canada, is now the largest telecommunications switching system supplier in Vietnam with a 23 per cent market share.
The company said it currently operates about 2 million circuits for TDX, PBXs and other switching systems in Vietnam after LG Electronics began shipping the switching systems to the VNPT Group from the early 1990s.
Youth, Thanh Nien Online
Vietnamese
