Ericsson Teams With ZTE

STOCKHOLM, Sweden -- Ericsson and ZTE jointly announced today the signing of a strategic alliance agreement to deliver TD-SCDMA solutions for China. Under the agreement, Ericsson and ZTE will commence close technical cooperation in the TD-SCDMA area.

The alliance builds upon Ericsson's global leadership and market presence in 3G mobile network solutions and ZTE's rich experience and world-leading expertise in the TD-SCDMA area. It reinforces both parties' dedication to making the most of their respective strengths to provide the best-in-class solutions for customers.

In accordance with the agreement, Ericsson is to integrate ZTE's TD-SCDMA Node B into its radio access network, including hardware and software, on an OEM basis. The two parties will also team up to participate in the TD-SCDMA trials in China.

"As the world's largest supplier of mobile systems and solutions as well as being the technology and market leader in 3G, Ericsson has always been dedicated to provide advanced mobile products and solutions that can best address the needs of local markets," said Mats H Olsson, President of Ericsson Greater China. "The agreement demonstrates our commitment and capabilities in this regard. With our alliance with ZTE, I am confident that we are very well positioned to capture the huge opportunities presented by China's fast-growing mobile market, and further enhance our value proposition for customers in China."

"We are very pleased to be working with Ericsson in driving the development and commercialization of TD-SCDMA technology and solutions," said Mr. Xie Daxiong, Senior Vice President and General Manager of ZTE's mobile division. "As the world's most advanced TD-SCDMA equipment provider, ZTE offers overall TD-SCDMA solutions including system equipment, terminal equipment and network planning services, and now ZTE has all the necessary resources in place to promote our TD-SCDMA solutions widely around the world."

Ericsson AB (Nasdaq: ERICY)

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