Home Latest Posts Even after being the lowest bidder NSN gets only 11% ($ 359...

Even after being the lowest bidder NSN gets only 11% ($ 359 million) worth contract!!

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This is ridiculous to say the least. Why have a bidding system when you don’t have to honor it later?

http://www.nokiapoweruser.com/2013/08/19/nsn-lowest-bidder-in-china-mobiles-4g-tender-may-get-big-share-of-worlds-biggest-telecom-equipment-contract/

So, even after being the lowest bidder for China Mobile’s TD-LTE base stations bid estimated at CNY20 billion (US$3.26 billion), NSN has been awarded just 11% of the the supply contracts. Still, due to the deal being so big 11% amounts to about US$ 359 which looks good, but leaves a sordid taste in mouth when one thinks about what could have been if the bid was honored.

Thanks Marek for the Tip. Cheers!!

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