Sinotel’s Order Book Swells To Rmb292m
Mainboard-listed Sinotel Technologies, an innovator in the provision of wireless telecommunications infrastructure and solutions in the PRC, announced that its order book as at 30 June 2008 has appreciated to approximately Rmb292m, on the back of a Rmb234m boom in 1H08. The company is in the midst of a major growth phase for China’s telecommunications sector that is likely to see billions of Yuan being injected as capital expenditure over the next few years. Sinotel is one of the industry leaders positioned to benefit from this explosive growth in infrastructure and services development.