Next Mobile investor inks supply contract with Huawei

4 Jan 2012

Information Capital Technology Ventures Inc (ICTV), an investor in Filipino operator Next Mobile (formerly Nextel Communications), has struck an equipment supply contract with China’s Huawei Technologies for the wireless subsidiary’s infrastructure rollout, The Manila Times reports. Under the terms of the USD12 million supply contract, Huawei International will supply and deliver necessary telecommunication infrastructure and systems required for Next Mobile’s nationwide build-out plans, it said. The unit is the Philippines’ sole provider of digital wireless two-way radio communication, and also provides digital mobile services, packet data transmission, mobile e-mail, wireless internet access and text messaging services. Earlier, ICTV revealed plans to invest between PHP30 million and PHP40 million (USD686,220 and USD914,960) over the next two years for CAPEX in connection with the launch of new products and services at Next Mobile.

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share