FINANCIAL NEWS

Qtel signs FPA with Chinas Huawei

14 Feb 2010

(MENAFN) Qatar Telecom Group (Qtel) said that it has concluded a major Frame Purchasing Agreement (FPA) with Huawei to support its long-term development strategy across international markets, The Peninsula reported.

As part of this agreement, Huawei will provide leading edge Mobile Radio Infrastructure across the operations of The Qtel Group.

Included in this infrastructure is the deployment of Huaweis Single RAN base station network and other innovative network systems solutions and services.

Under the FA, standard terms and volume-based discounted pricing for network equipment will be available to companies of The Qtel Group. The FA has an initial term of one year and may be extended at Qtel Internationals option for up to two additional years.

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