|ZTE to Play Key Role in Japan's WCDMA Market, Formalizes Collaboration with Local MVNO Partner|
22 July 2008, Shenzhen, China - ZTE Corporation ("ZTE"), a leading global provider of telecommunications equipment and network solutions is setting its eye on strategically penetrating Japan's WCDMA market as it formalizes an agreement signed with a local Mobile Virtual Network Operator (MVNO) in mid-June this year. The company recently entered into an alliance with Japan Communications to supply the highly competitive 3G market in Japan with WCDMA data cards starting next month.
In a press event held in conjunction with the company's first ever participation at EXPO Comm Wireless Japan 2008, the company unveiled initial strategic steps on how the company plans to address the needs of highly demanding local 3G subscribers. ZTE considers the co-operation another significant milestone in line with its corporate vision of playing a key role in the global high-end 3G industry.
"Japan is among the highly advanced markets in the world with sophisticated 3G infrastructure. In collaboration with our local partner, Japan Communications, we are laying down a solid foundation to provide local telecom customers with comprehensive range of advanced 3G network services," said Qian Qiang, President, East/Southeast Asia Region, ZTE Corporation. The shipment of WCDMA data cards to the country is our first step to address the local market requirements. It is also a valuable opportunity to enhance ZTE's global positioning in the telecom industry."
At the EXPO Comm Wireless Japan 2008, ZTE will be showcasing state-of-the art 3G solutions together with other global leading telecom service providers and Japan's well-known telecom carriers, such as NTT DoCoMo, KDDI and WILLCOM. Specifically, ZTE will demonstrate its advanced wireless and mobile services including a full range of LTE/SDR, WiMAX and 3G technologies. An annual event that has been running for 13 consecutive years, EXPO Comm Wireless Japan is one of the major trade shows in Japan focusing on the latest trends and development of the local telecommunication and mobile phone industry.
ZTE has been creating impressive waves in the telecom industry worldwide. As part of its Multinational Telecom Operator (MTO) strategy targeting high-end telecom market, the company has been establishing close partnership with well-known telecom carriers in Western Europe and North America. As the world's 6th largest WCDMA provider, as well as Sprint's biggest WiMAX terminal partner, ZTE has supplied 3G terminal products to more than 20 countries in the world including UK, Italy, Canada, Spain, Australia and United States.
The company recorded a sterling business performance overseas last year, with sales growth in Europe and America exceeding 155%. ZTE also continuous to forge agreements on terminal and system services with global telecom service providers such as Vodafone, Hutchison, France Telecom and Telefonica. Currently, ZTE operates in 135 countries worldwide, attesting its leading position and recognition in the global telecom device market.