Alcatel Close to China 3G Deal
French telecoms equipment maker Alcatel is nearing a deal with a Chinese peer on cooperating to build 3G mobile phone networks using the Chinese TD-SCDMA standard, a senior executive said. Alcatel’s position in China has also been bolstered by gains in market share, Christian Reinaudo, the company’s head of Asia Pacific operations, said on Monday. “We’re in very serious talks with local Chinese firms to do something together,” Reinaudo said at the Reuters Asia Technology Summit.