ZTE Corporation, the fastest growing global provider of telecommunications equipment and network solutions, has announced it has signed an agreement with ArmenTel, the incumbent Armenian operator, to build the first DSL broadband network for the country. In a separate agreement, ZTE’s IP-DSLAM FSAP 9800 and switches have been adopted by Viettel, the second largest and fastest growing convergent operator in Vietnam with substantial fixed, mobile and broadband users.

A subsidiary of the Greek telecom operator OTE, a mainstream European operator with a substantial network footprint across the Balkans, ArmenTel is the largest telecom operator in Armenia with 100% of domestic fixed line users and more than 55% of mobile subscribers. It is also the only convergent fixed and mobile operator in the country. The broadband network will be deployed in the capital Yerevan and other major Armenian cities, laying the foundation for future capacity expansion.

According to a report by Gartner, ZTE is now ranked third in the global IP DSLAM market and has over one third of market share in China. To date, ZTE’s DSL products have been used extensively in over 40 countries including China, Russia, France, Italy, Romania, India, Pakistan, Nigeria, Brazil and Argentina. In 2004, ZTE supplied broadband products for Athens Olympic Games, and the DSL broadband network it built for 16 stadiums on behalf of OTE was highly commended for its reliable and fast performance.

About ZTE:

ZTE is a leading global provider of telecommunications equipment and network solutions.  The ZTE product range is the most complete in the world - covering virtually every sector of the wire-line, wireless, and handset markets. The company delivers innovative, custom-made products and services to customers in more than 100 countries, helping them achieve continued revenue growth and shape the future of the world’s communications. ZTE commits around 10 percent of annual turnover to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. It is the fastest-growing telecoms equipment company in the world and is China’s only listed telecoms manufacturer, with shares publicly traded on both the Hong Kong and Shenzhen Stock Exchanges.  ZTE was the only Chinese IT and telecoms manufacturer listed in BusinessWeek’s2005 Information Technology 100 and was included in its 2006 ranking of ’China’s Top 20 Brands’. For further information on ZTE, please visit www.zte.com.cn