ZTE Wins India Deal

Maxis selects ZTE to help subsidiary in India develop $400M GSM network infrastructure

October 13, 2008

1 Min Read

SHENZHEN, China -- ZTE Corporation (“ZTE”), a leading global provider of telecommunications equipment and network solutions, has been selected by Maxis, the largest mobile telecom operator in Malaysia to help one of its subsidiaries in India, Aircel, to expand GSM coverage in the country. The deal, which is worth US$400 million, will help Aircel to establish one of the most sophisticated GSM network infrastructures in India.

“It is a great opportunity for us to be selected by Maxis to help enhance the GSM network of its subsidiary in India, one of the fastest growing telecom markets in East Asia. This agreement has given ZTE a valuable opportunity to contribute our strong expertise and technology to develop GSM infrastructure in the local market,” said ZTE executive. “We have been successful in sustaining the strong growth of our wireless business portfolio over the past three quarters. Today, we ranked fourth globally in terms of GSM equipment shipment, while we continue a leading position in the CDMA arena. With remarkable breakthrough in our GSM, WCDMA and CDMA businesses, we are confident to expand our business footprint in high-end markets in APAC and Europe.”

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

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