Sole offer by Huawei Technologies to pay 159% more for cellular network in Costa Rica
The $583 million offer in the bidding for the 3G cellular network is $358 million higher than the cost of $225 estimated by the I.C.E.
Tuesday, August 5, 2008
After signing a joint letter with four other leading telecommunications companies objecting to the tendering conditions and alleging that it was not possible to present an offer that would comply with the requirements of the Instituto Costarricense de Electricidad (ICE) - Costa Rica's telecom company, the Chinese firm Huawei Technologies Costa Rica was the only company to make a formal offer to install the 3G cellular network of 1.5 million lines in the country.
The chinese firm Huawei made an offer of $582.862 million for the 3G mobile phone project under development by the Instituto Costarricense de Electricidad.
The Costa Rica Institute of Electricity (ICE) confirmed yesterday that it has rejected Huawei Technologies' offer for 1.5 million 3G cellular lines.
Ericsson, Huawei and ZTE presented their offers today to the ICE for the third generation cellular network tender.
China's Huawei was chosen by the Instituto Costarricense de Electricidad to execute the $235 million contract for 950.000 3G mobile phone lines.
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