Source: Business Wire
Wednesday, October 14, 2009 11:25 AM IST (05:55 AM GMT)
Editors: General: Consumer interest; Business: Business services, Construction, Information technology, Real estate, Telecommunications; Technology
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(BW)(ZTE)(0763)(000063)ZTE Wins Unitech Wireless' GSM Network Infrastructure and Maintenance Contract in India
Company to Supply Unitech Wireless with Equipments to Establish and Maintain GSM Infrastructure Across Key Metro Circles and Cities
New Delhi, Delhi, India, Wednesday, October 14, 2009 -- (Business Wire India) --
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, announced the signing of a GSM Network infrastructure agreement with Unitech Wireless. Under the agreement, ZTE will provide GSM systems and core network equipment for a period of 5 years across the circles of Delhi, Madhya Pradesh, and Haryana. With this contract, ZTE has added a significant win to the growing list of telecom service providers deploying its GSM solutions in India.
Unitech Wireless, a joint venture between Norway's Telenor Group and Unitech Group of India, holds the license to provide mobile phone services across all 22-telecom circles in India. The company is planning to roll-out services in select circles by the end of 2009 under the brand name Uninor.
"We're glad to be selected by Unitech Wireless to establish and manage their GSM infrastructure in India," said Dr. D. K. Ghosh, Chairman & Managing Director, ZTE Telecom India Pvt Ltd. "This agreement not only marks our GSM network contract from a global telecom operator, but also provides us with an opportunity to establish and manage GSM networks in metros and large cities. We are confident that opportunities like these will serve to further accelerate our growth momentum and expand our business footprint in the fastest growing telecom market in the world," continued Dr. Ghosh.
The GSM equipment from ZTE will allow Unitech Wireless to evolve its network infrastructure as required, thereby helping reduce network evolution cost, lower TCO and continuously enhance profitability.
ZTE's GSM equipment is now deployed by over 60 operators in more than 50 countries worldwide, resulting in the installation of mobile capacity exceeding 200 million lines. In India, ZTE has experienced significant growth having already won infrastructure and network equipments contracts from several operators.
Currently, the company has applied for over 3,000 GSM patents and is a pioneering member of many international standards organizations such as ETSI, 3GPP and GSA.
About ZTE
ZTE is a leading global provider of telecommunications equipment and network solutions. It has the widest and most complete product range in the world - covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to achieve continued revenue growth and to shape the future of the world's communications. ZTE commits around 10% of its annual turnover to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. ZTE leads China's 3G industry with about 30% share of the total 3G equipment market in 2008. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact that strictly adheres to the Ten Principles of the Global Compact in developing and carrying out CSR programs. ZTE is China's only listed telecoms manufacturer, with shares publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
About Unitech Wireless and Uninor
Uninor is the brand name for Unitech Wireless - the joint venture company of India's second largest diversified real estate major Unitech Ltd. and the Norway based world's 6th largest mobile services provider Telenor Group. At present, the Telenor Group has already invested INR 2620 crores through new shares in the joint venture company with an agreement to raise this to INR 6120 crores to hold 67.25% stake.
Unitech Wireless holds a pan-India UAS license to offer mobile telephony services in each of India's 22 circles. It has also received spectrum to roll out these services in 21 of the 22 circles and intends to roll out its services in select circles by the end of 2009.
CONTACT DETAILS
ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
or
Unitech Wireless
Sharad Goswami, +91 96549 56323
sharad.goswami@unitechwireless.com
KEYWORDS
CONSUMER, BUSINESS SERVICES, CONSTRUCTION, IT, REAL ESTATE, TELECOMMUNICATIONS, TECHNOLOGY
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