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Zowee Wins 60-80% of ASB 2012 PON Tender

National Business Daily, 5/29/12

Shenzhen-based network communications terminal products and portable consumer electronics manufacturer Zowee Technology (002369.SZ) today revealed that Alcatel-Lucent Shanghai Bell (ASB) notified the company on March 31 that it won the largest share of ASB's 2012 PON (including EPON and GPON) tender, reaching between 60%-80%. Zowee values its share of the tender between RMB 200-250 mln, representing 15-19% of the company's 2011 audited revenue.

Keywords: procurement revenue telecom EPON GPON PON ASB 002369.SZ Zowee networking equipment fiber optics

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