Home / Business / Technology & Telecom Tools: Save | Print | E-mail | Most Read | Comment
ZTE wins US$400 mln contract with Indian carrier
Adjust font size:

ZTE Corp has won a US$400 million contract to supply mobile-phone network equipment to an Indian carrier, China's biggest public telecommunications equipment maker said today.

According to the deal, ZTE will provide GSM (global system for mobile communications) equipment to Aircel, a subsidiary of multi-national carrier Maxis Communications. Aircel is India's No. 5 carrier with 110 million users, ZTE said in an e-mail statement.

From 2009 to 2011, Maxis will invest an additional US$4 to US$5 billion in the Indian market, a region with one of the highest growth rates for mobile penetration worldwide.

"Maxis had a successful experience in 3G and the GSM deal will help us get further deals (with Maxis) in the future," ZTE said in the statement.

The Shenzhen-based equipment maker gained market shares in GSM and WCDMA (wide-band code division multiple access) in the third quarter, through cooperation with mainstream carriers like Vodafone.

(Xinhua News Agency, Shanghai Daily October 14, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- ZTE eyes Xi'an facility
- ZTE handset sales expected to rise
- ZTE profit forecast looks rosy for 2008
- ZTE fires billion-yuan shot at energy revenue
Most Viewed >>
- Banks wary of interest rate cut cycle
- Int'l cooperation called to restore financial stability
- Experts: China little affected by US financial crisis
- China at crossroad as world economy wobbles
- Asia's biggest electronics fair opens in HK
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?