China GrenTech Likely Bolsters Earnings With Plan To Reveal UnAudited Financial Results

YF (SHENZHEN, CHINA) On 7 August 2007, Yahoo Finance from PRNewswire reports China GrenTech, a China-based wireless and Radio Frequency (RF) technology developer, announced the pending release of unaudited financial results for the second quarter ended 30 June 2007, before US market opens on 14 August 2007. China GrenTech possesses a series of intellectual property rights and the core of radio communication domain. China GrenTech implemented radioactive products development strategy with three R&D centers in Shenzhen, Quanzhou and Nanjing. In 2001, China GrenTech entered the Chinese mobile market in 23 provinces and municipalities; successfully won the national bid of China Unicom for CDMA repeaters; realized USD 264.2 million (RMB 0.2 billion) turnover; became the largest network optimization equipment supplier for China Unicom and one of the major suppliers for China Mobile. A 22 June 2007 post in this blog stated a China GrenTech WiFi network will cover the Beijing 2008 Olympics gymnasiums, stadiums and surrounding areas in six Olympic cities, including Beijing, Tianjin, and Shanghai.

http://biz.yahoo.com/prnews/070807/nytu027.html?.v=101
http://www.grentech.com.cn/en/info1-1.asp