ZTE inks contract with Vinaphone to build UMTS networks in Vietnam

September 15, 2009

1 Min Read

SHENZHEN, China -- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, today announced that it has partnered with Vinaphone, the subsidiary of Vietnam's largest operator VNPT Group, to build all of Vinaphone's UMTS networks in the central provinces of Vietnam. This marks another key breakthrough for ZTE in the Vietnamese market following its UMTS contract win from another Vietnam's operator, Viettel, in May 2009.

Under the terms of the contract, ZTE will provide Vinaphone with its advanced SDR base stations to support the UMTS network. ZTE’s base station solutions will maximize Vinaphone's ROI and bring unparalleled subscriber experience and access with UMTS high-speed data services.

With a population of nearly 90 million, Vietnam is an important emerging telecom market. According to the Ministry of Information and Communication of Vietnam, the telecom operating revenues in the country in 2008 increased by 38% year-on-year, with 82.25 million registered telephone subscribers, of which 85.5% were mobile users. VNPT is the largest Telecom Group in Vietnam with a comprehensive type of services license, and its subsidiary Vinaphone holds the largest number of high-end customers amongst all Vietnam operators.

"We are pleased to cooperate with Vinaphone to construct its UMTS networks in Vietnam," said Mr. Zhang Jianguo, Vice President of ZTE's UMTS/LTE Products Division, ZTE Corporation. "Our SDR technology will help Vinaphone maintain its leadership position through meeting the growing market needs while maximizing their ROI to achieve the best business results."

ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763)

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like