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 won nearly 50 percent of China Telecom’s tender to provide evolved packet core (EPC) equipment for an LTE network across 15 provinces in China. The win makes ZTE No.1 among equipment building vendors in China Telecom’s LTE network.
As part the contract, ZTE also will provide a 2G/3G/TDD/FDD/WiFi multi-network collaboration solution with its EPC equipment. This solution ensures smooth network evolution of the entire network and also reduces bandwidth costs while improving user experience. In addition, its innovative ePCC traffic management scheme provides flexible service packages as well as closed-loop control and open collaboration capabilities, helping carriers expand profit margins and improve BIT value.
"As a long-term strategic partner of China Telecom, ZTE is committed to building high-quality LTE networks,” said ZTE Core Network Product Line President Mr. Liu Jianhua. “Our aim is for all end users on this network to enjoy the benefits of a high-speed 4G."
As of the first half of 2013, ZTE had won more than 40 EPC commercial contracts and deployed more than 100 trial networks globally. The company has worked with major global telecommunications companies, including China Mobile, Vodafone, Telstra, KPN, Telenor, TeliaSonera, Hutchison and others.
ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763)