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Alcatel-Lucent secures billion-dollar deal in China

Sarkozy goes networking
Mon Nov 26 2007, 13:09

TOP FROG, Nicholas Sarkozy took to the stage with Chinese president Hu Jintao to mark the signing of a billion-dollar deal between French-US telecom equipment group Alcatel-Lucent and a bunch of Chinese companies

Sarkozy has been inking deals with the Chinese like billy-o. He's been in the People's Republic for barely two days and has already flogged planes, sundry bits and bobs and a couple of nuclear reactors altogether worth an estimated 30 billion dollars.

In a statement, Alcatel-Lucent said deals with China Mobile and China Unicom were to, "expand the capacity and coverage of their mobile networks." µ

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Picking a winner

Sarkozy was in Washington recently making nice, but in China making deals. He has to pick a winner, as does the rest of the EU, and has done so. The US, mired in debt and decline, doesn't need "In God We Trust" on its currency, it needs "There's No 
Free Lunch".

posted by : maguro_01, 27 November 2007 Complain about this comment
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