ZTE Teams With DST on Utilities, Transport
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, network solutions and mobile devices, has signed an expanded strategic cooperation agreement with Portugal’s Domingos da Silva Teixeira, SA to cover collaborations in enterprise technology and the provisioning of information systems for transportation and public utilities.
The Phase II Framework Strategic Cooperation Agreement between ZTE and DST was signed at a ceremony in the Great Hall of the People in Beijing officiated by President Xi Jinping of the People’s Republic of China, President Cavaco Silva of Portugal, José Gonçalves Teixeira, President of the Board at DST, and Shi Lirong, President of ZTE. The wide-ranging agreement will cover multiple projects including the construction and deployment of core networks, wireless broadband networks, data centers and information systems for transportation.
DST, a major conglomerate in Portugal with operations in industries including telecommunications, engineering and construction, water and environment, and renewable energy, signed an initial cooperation agreement with ZTE in 2012. In 2013, ZTE exclusively signed an agreement with DST for the DST FTTH (fiber-to-the-home) Phase I project, helping DST construct a north-south backbone network across Portugal, deploying ZTE’s fixed networks, bearer networks, and power and safety control solutions.
ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763)