SPACE WIRE
Alcatel wins contract to sell a satellite to China
PARIS (AFP) Jun 11, 2004
French telecommunications equipment group Alcatel signed a contract Friday to sell a television satellite to China Sat in preparation for the 2008 Olympic Games in Beijing.

The deal was signed by Alcatel Space president, Pascale Sourisse, and the chief executive of China Sat in the presence of Jean-Pierre Raffarin and Chinese Vice Prime Minister Zeng Peiyan, who is visiting here.

The amount of the contract was not given, but industry sources said it was worth about 100 million euros (120 million dollars).

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