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.
