(BUSINESS WIRE)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment and network solutions, today announced that it has won a national 2G/3G wireless network project in Peru with mobile operator Viettel. During the first phase of the project, ZTE will build more than 2000 base-stations.
As part of the contract, ZTE will provide its innovative Uni-RAN solution to Viettel. This solution includes a series of products based on SDR technology, which enables operators to deploy their networks in a smarter, more efficient way. SDR-built networks can combine multiple modes and evolve to next generation networks seamlessly. ZTE will also provide operation management services such as its radio network optimization network tool to Viettel. The completed network will cover all of Peru.
“In 2009, ZTE became Viettel’s first 3G networking equipment supplier in Vietnam,” said Pu Yingchun, ZTE GSM/UMTS Product Lines General Manager. “We are excited to help Viettel enter the South American market for the first time and we are confident that this new contract will help it grow further in the region.”
Due to its advanced SDR technology, ZTE has won contracts from many top multinational operators, including: France Telecom, Telefonica, Telenor, Teliasonera, Etisalat, Hutchison, Telstra, KPN, and MTN. ZTE’s Uni-RAN solutions are key profit drivers for operators. To date, ZTE’s SDR equipment has been used by over 120 operators in more than 100 countries across the globe.
About Viettel
Headquartered in Hanoi, Vietnam, Viettel is Vietnam’s largest mobile operator. With a 50.7 per cent market share in Vietnam, it is one of the fastest growing telecom operators in the world. Currently, Viettel is providing communications services in six countries around the globe, with networks covering nearly 170 million people, and serving 60 million subscribers. In January 2011, Viettel won the license for the 1900MHz frequency in Peru, becoming the fourth mobile operator in the country.
About ZTE
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE’s revenue increased by 29 per cent to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
Contacts
Media Contacts:
ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
Edelman PR
Diana Pong / Andres Vejarano
+852 2837 4734 / 2837 4735
diana.pong@edelman.com
andres.vejarano@edelman.com
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