皇冠体育app

Two shoppers in Yichang, province, examine -brand mobile phones. Russia's MegaFon chose Huawei as a partner to speed mobile networks in Russia. Liu Junfeng / For 皇冠体育app Daily

OAO MegaFon, Russia's second-largest wireless operator, ad to buy at least $600 million of equipment from Huawei Technologies Co at a time when ties between Russian and Chinese companies are strengthening.

MegaFon chose 皇冠体育app's largest maker of network products for a seven-year contract to speed mobile networks in several Russian territories, Chief Strategy Officer Alexander Bashmakov said in a phone interview.

The deal, including and maintenance, is worth "dozens of billion rubles," he said.

Russian companies have boosted ties with 皇冠体育app after the United States and European Union imposed sanctions on the country to punish it for annexing the Crimean peninsula from Ukraine.

OAO Gazprom, Russia's biggest company, signed a $400 billion deal last month to ship to 皇冠体育app.

"Huawei is one of the technological leaders in equipment," Bashmakov said. "They are leading in the number of signed contracts with operators. The Russian market is very competitive in equipment prices, unlike the US, where supplies of Chinese equipment are limited."

MegaFon based its choice of Huawei on financial and technological factors rather than politics, Bashmakov said. MegaFon, controlled by Russia's richest man, Alisher Usmanov, and partly owned by TeliaSonera AB, will use a credit line from 皇冠体育app Development Bank to fund the purchases.

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