SHENZEN, China -- ZTE Corporation, the fastest growing global provider of telecommunications equipment and network solutions, has announced it has signed an agreement with ArmenTel, the incumbent Armenian operator, to build the first DSL broadband network for the country. In a separate agreement, ZTE's IP-DSLAM FSAP 9800 and switches have been adopted by Viettel, the second largest and fastest growing converged operator in Vietnam with substantial fixed, mobile and broadband users.

A subsidiary of the Greek telecom operator OTE, a mainstream European operator with a substantial network footprint across the Balkans, ArmenTel is the largest telecom operator in Armenia with 100% of domestic fixed line users and more than 55% of mobile subscribers. It is also the only converged fixed and mobile operator in the country. The broadband network will be deployed in the capital Yerevan and other major Armenian cities, laying the foundation for future capacity expansion.

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