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, has been selected by Pannon, part of the Telenor Group, to build its commercial LTE trial network.
Under this agreement ZTE will provide an end-to-end solution, including radio and core infrastructure as well as end user terminals. The trial agreement will allow Pannon to test peak rate.
"LTE will enable mobile users to experience high-speed mobile broadband and exciting new services. With this commercial trial, ZTE aims to demonstrate the superior performance of our LTE solutions to Pannon and the Telenor Group," said Kenneth Fredriksen, GM for ZTE's Telenor Global Business Unit.
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 Pannon
Pannon is a leading mobile communications company. Part of the Telenor Group, Pannon was established in Hungary in 1994 and today is pioneering mobile broadband and technology in order to provide efficient, affordable and easy-to-use mobile voice and data solutions to individual consumers and the business community.
Contacts:
ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
or
Edelman
PR
Molly Mulloy, +852 2837 4735
molly.mulloy@edelman.com
Ada
Ho, +852 2837 4747
ada.ho@edelman.com
