ZTE awarded US$100 mln GSM network contract in Pakistan
ZTE Corp<000063><763>, a leading Chinese telecom equipment and cell phone producer, announced on Wednesday it has clinched a US$100 million deal with CMPak, a unit of China Mobile »”>China Mobile Ltd<941>, on the infrastructure extension construction of GSM network in Pakistan, market sources reported.
Under the terms of the agreement, ZTE will provide CMPak with its M8206 base station using a unified total IP hardware platform, focusing on the central Pakistan with the highest GDP and more than half of the population in the country.
“With this significant contract deal with CMPak, ZTE again proves its cutting-edge technology in the industry and strengthens its partnership with CMPak as its preferred and No.1 telecom equipment supplier. At the same time, ZTE has been sharing China Mobile’s success in the overseas market which further shows the substantial mark that Chinese telecom players are achieving in the global telecom arena.” said Zhang Liang, CEO of ZTE Pakistan.
At present, ZTE’s GSM equipment is adopted by over 60 operators across more than 50 countries, resulting in the installation of mobile capacity exceeding 200 million lines. The global GSM market share held by the company had gone up more than 100% from 2003 to 2007.
Tags: China-Mobile, GSM, ZTE