26 March 2012, Shenzhen, China –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, announced it has signed a contract with the MTN Nigeria to build GSM/UMTS networks in Nigeria.
As part of the agreement, ZTE will help MTN Nigeria modernize and expand its mobile network in two of the country’s most economically developed regions (including 8 states) by providing its innovative SDR-based Uni-RAN solution. The ZTE Uni-RAN solution is an industry leading solution that meets primary needs while cutting-down total cost of ownership and protecting customer’s investment for the future technologies. MTN decided to choose ZTE as its supplier for its most important operating company. Based on analysis, network operating expenses can be reduced by more than 50 per cent and the total cost of ownership saving over 7 years will be reach 40 per cent after modernization.
Headquartered in the Republic of South Africa, MTN is the largest multinational telecom operator in Middle East and Africa region by subscriber, providing mobile communication service to more than 150 million people in 22 countries. MTN Nigeria has more than 45 million subscribers and is the largest operating company in the MTN Group.
"ZTE will provide a seamless cutting-edge network solution to MTN,” said ZTE VP Xu Ming. “The company will continue to strive to improve the quality of the Nigerian network."
ZTE’s SDR technology has been adopted by more than 120 operators across over 100 countries globally, including 21 of the world’s top 30 leading operators such as Telefonica and H3G.
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