Caixin
Jul 23, 2010 02:30 PM

India Drops China's Telecom Supplier Call

 

Glimmers of hope recently caught the eyes of ZTE Corp. and Huawei Technologies Co. Ltd. executives eager for a share of India's fast-growing telecommunications equipment market.

A high-level executive at state-owned equipment manufacturer ZTE told Caixin on July 14 that several Indian telecom operators had received security permits from the Indian government that they need to initiate purchase contracts and place orders with the Chinese firms.

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