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GRENTECH WINS BID TO PROVIDE WLAN EQUIPMENT FOR CHINA TELECOM.

China GrenTech Corporation Limited (Nasdaq: GRRF), has won the bid and signed the preliminary contract to supply China Telecom with wireless local area network access point (WLAN AP) equipment in Guangdong province in 2008. The wireless local area network will meet the increasing demand for data services, particularly for the upcoming 2010 Asian Games in Guangzhou and the 2011 Universiades in Shenzhen. In addition to becoming a qualified supplier of WLAN AP for China Telecom in Guangdong province this year, GrenTech also participated in a number of China Telecom's wireless network bridge projects in Hunan, Sichuan, Jiangxi and Guangxi provinces in 2007. GrenTech was also selected to be a supplier of WLAN equipment for China Mobile's Olympic network last year.

Chinese telecom operators are progressively developing data service offerings for the growing number of WiFi-enabled handheld devices, leading to an increasing demand for WLAN services. Based on the forecast of a premier global industry analyst, China's WLAN market size will grow to approximately RMB3.7 billion by 2011. GrenTech's management believes that the new order announced helps to demonstrate GrenTech's strong technical capabilities and high standards for service. Revenue from the WLAN product segment is expected to continue its rapid growth, becoming a new growth driver for the company.

About China GrenTech

GrenTech is a leading radio frequency ("RF") technology and product developer and a leading provider of wireless coverage products and services to telecommunication operators in China. The company uses RF technology to design and manufacture wireless coverage products, which enable telecommunication operators to expand the reach of their wireless communication networks to indoor and outdoor areas, such as buildings, highways, railways, tunnels and remote regions.

Based on its in-house RF technology platform, the company also develops and produces base station RF parts and components sold to base station equipment manufacturers. GrenTech is a qualified supplier of RF parts and components to six major base station equipment manufacturers such as Huawei Technologies, ZTE etc.

For more information, visit http://www.grentech.com.cn or call 212/889-4350.
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Publication:LAN Product News
Geographic Code:9CHIN
Date:Feb 1, 2008
Words:338
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