Friday, April 15, 2005

Nortel Faces Threat from Chinese Rivals

From Ottawa Citizen: Nortel faces threat from Chinese rivals

"Nortel Networks faces new trouble from Chinese competitors in the booming Asian market.
An analyst said yesterday that ZTE, Huawei and other telecommunications equipment makers are supplying financing in large amounts to win business -- a potent addition to an arsenal that already includes significant cost advantages in raging pricing wars."

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