BSNL, ZTE Sign India’s Largest GSM Deal
New Delhi, India – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment and network solutions has bagged India’s largest GSM deal from Bharat Sanchar Nigam Ltd (BSNL). ZTE will now support 10.15 million BSNL’s GSM lines across the country and thereby help increase its subscriber base.
Under this partnership, ZTE will be involved in planning, financing, engineering, supply, installation and testing, commissioning and annual maintenance of the GSM lines. The procurement of these lines for expansion of 2G and 3G services will cover all BSNL telecom circles in Northern & Southern Zones
Cui Liangjun, Chief Executive Officer, ZTE India said, “We are excited to partner with BSNL to support their ambitious growth plans in North and South India. We are confident that this association will help BSNL to offer competitive mobile communications that can meet the present and future telecommunication needs, and help ZTE boost its business in the Indian sub-continent.”
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE’s revenue increased by 29 per cent increase to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is 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.
Sashi B. Ghising
The PRactice (PR Agency)
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