China Trade Information

ZTE Corp, a leading Chinese telecom equipment and cell phone producer, has clinched a deal with Hong Kong mobile operator CSL to supply multi-platform wireless technology for the roll-out of next-generation mobile application, the South China Morning Post reported.

Sources said ZTE has teamed up with CSL to deploy software-defined radio (SDR) base stations in Hong Kong. SDR technology is able to support both 2G and 3G networks simultaneously via software.

ZTE expects the successful deployment of SDR base stations in Hong Kong will enable it to secure more 3G network contracts in the high-end European market.

The Shenzhen-headquartered company posted a net profit of RMB 557 million in the first half-year of 2008, an increment of 21.21% year on year, fuelled by revenue from overseas sales. Operating revenue went up by 21.12% to RMB 19.729 billion, with overseas sales surging 58.93% to hit RMB 12.667 billion, accounting for 64.2% of total revenue.

Australian telecommunications giant Telstra holds a 76.4% stake in CSL, while Hong Kong property developer New World Development Holdings owns the remaining 23.6%.

Tags: 3G, ZTE

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