China annual telecom network-equipment procurement to top US$12 billion in next three years, says Nortel executive (Digi Times)
With the launch of integration processes by the major five telecom operators in China, the annual procurement of telecom network-equipment by China telecom operators is expected to increase to US$12-12.5 billion on average in the next three years compared to the current average of US$10 billion, according to Jackson Wu, president of Nortel Greater China.

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