Cellular phone deal

MTC Brings Shanghai System On Line British Columbia-based MTC Electronic Technologies Co. Ltd. completed the installation of the Shanghai Cellular System and the Shanghai Joint Venture, of which MTC holds a 28 percent ownership and has turned on the system for initial testing.

In addition, MTC has received preliminary approval from the People's Republic of China (PRC) Telecommunications Ministry to sell the MTC cellular telephone throughout the PRC. Once approval has been received, Toyocom, a subsidiary of Japan-based NEC, has agreed to provide MTC with up to 5,000 semi-knockdown (SKD) cellular telephones per month. Final assembly of these telephones will be completed in China and will subsequently be available for sale throughout the PRC. (MTC Electronic Technologies Co. Ltd., 2580 Viscount Way, Richmond, British Columbia V6V 2G8, 604/278-8788.)