SHENZHEN, China - Thursday, May 5th 2011 [ME NewsWire]
(BUSINESS WIRE)-- 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 announced contracts with Telenor Norway, Telenor Sweden and Telenor Denmark, to replace and expand the platforms for Voicemail, SMS, MMS, Location Based Services and WAP GW.
ZTE will upgrade the existing platforms to an integrated platform solution that enables the services to share hardware and capacity resources. ZTE’s innovative iVAS (Integrated Value Added Service) solution minimises CAPEX through dynamic capacity allocation and reduces OPEX through decreased power consumption and centralised operations.
“This agreement marks ZTE’s breakthrough of infrastructure products into the home markets of Telenor and we are obviously proud of being awarded this contract as Value Added Services is a strategic part of the operator’s network. Through our advanced iVAS solution, we aim to help Telenor launch new and exciting services in a more efficient way for their customer,” says Kenneth Fredriksen, GM of ZTE’s Telenor Business Unit.
During the last year ZTE has developed a significant partnership with the Telenor Group. In April 2011, Digi selected ZTE as their new single supplier for their new 2G/3G/4G network radio, core and transmission network. Last year, ZTE was also selected as the single supplier of Telenor Hungary’s new 2G/3G/4G radio and core network. This project is now under construction while ZTE has already built a unified GSM/UMTS/LTE network in Montenegro and GSM networks in India for the Telenor Group.
About ZTE
ZTE is a leading global provider of telecommunications equipment and network solutions with the most comprehensive product range 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 meet the changing needs of their customers while achieving continued revenue growth. ZTE’s 2010 revenue led the industry with a 21% increase to USD10.609 billion. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact. ZTE is China’s only listed telecom manufacturer, 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.
Contacts
ZTE Corporation
Margrete Ma,
+86 755 26775207
ma.gaili@zte.com.cn
Edelman PR
Jowie Law,
+852 2837 4747
jowie.law@edelman.com
Andres Vejarano,
+852 2837 4735
andres.vejarano@edelman.com
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