Cisco will co-operate with China Mobile and bank China Construction Bank

The Chinese branch of company Cisco declared signing of working agreements with mobile operator China Mobile Communications Corp. And building bank China Construction Bank (CCB).

Agreements have been signed in Washington within the limits of strategic economic dialogue between the Peoples Republic of China and the USA.

On conditions of agreements, China Mobile, the largest in the world the operator of a mobile communication, will acquire at Cisco the network equipment for data transfer and service. Besides, China Mobile and Cisc will conduct teamwork on introduction of technologies "IP atop DWDM" and systems Cisco TelePresence.

Besides sharing in introduction of decisions Cisco TelePresence, China Construction Bank, entering into the four of the largest Chinese banks, together with Cisco will build a data-processing centre in the headquarters and to develop a basic telecommunication network of bank on the basis of technologies Cisco. 

"The Chinese market has strategic significance for Cisco, - president Cisco China Thomas Lam (Thomas Lam) has noted. - At the subsequent stage of cooperation Cisco realises in China the long-term initiative with investments at a rate of 16 mlrd dollars. We will accept active sharing in development of the Chinese information branch".