25July 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, today announced it has won a contract worth USD 281.5million for the largest share in China Telecom’s 2012 CDMA Purchase Project.
During the project, ZTE will provide its innovative Uni-Ran solution and relevant services in over 220 cities of 27 provinces across China.
As a result of a rapid increase in the number of users on the China Telecom’s network, it has partnered with ZTE to strengthen network coverage and improve network capacity. The Uni-Ran solution comprises a series of products based on SDR technology. These products help operators deploy multidimensional networks in an efficient and intelligent manner. Through this project, ZTE will gain a cumulative share of 43.5 per cent of China Telecom’s CDMA network, further cementing its position as the No. 1 CDMA supplier in China.
“We’re very pleased to join hands with China Telecom to promote healthy development of the CDMA field,” said ZTE Vice President Fan Xiaobing. “ZTE’s Uni-Ran solution will enhance network services and compliment China Telecom’s operations, filling the network evolution needs.”
According to a report released by consulting firm IDC, ZTE remained the world’s No. 1 CDMA supplier at the end of 2011 with of 32.6 per cent worldwide market share. As of Q1 2012, ZTE’s CDMA products had been put into mass commercial use in more than 120 operators in over 70 countries around the world.
.png){kind=icon}
.png){kind=icon}
.png){kind=icon}
.png){kind=icon}