2014-06-24 11:22 AM
SHENZHEN, China--(BUSINESS WIRE)--Jun 23, 2014--ZTE Corporation ("ZTE") (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, announced that the company won a contract from Wind Telecom to build the first 4G TD-LTE network in the Dominican Republic.
ZTE's globally-leading TD-LTE solutions will be implemented to help Wind Telecom deploy a stable high-speed network to provide mobile broadband services for consumers and businesses in the Dominican Republic. ZTE's unified platform EPC and eNodeB solutions, based on ZTE's proprietary Cloud Radio technology, will help Wind Telecom achieve savings in capital expenditure, and operation and maintenance costs, and lay solid foundations for future growth.
"This next-generation network is an investment in the future of the Dominican Republic," said Jose Clase, Chairman of the Board of Wind Telecom. "This platform will help bridge the digital divide and raise the economic competitiveness of the Dominican Republic by helping to lift the standard of education. The high-speed network connectivity will also deliver an enhanced user experience for consumers."
Wind Telecom, with a long history of providing comprehensive telecommunication and television services in the Dominican Republic, is renowned as an operator of high-quality and professional broadband access and television services.
"We are very pleased to work with Wind Telecom to build the Dominican Republic's first TD-LTE 4G network," said Yu Xin, Vice President of ZTE Corporation. "With our expertise in TD-LTE 4G, ZTE is committed to providing the best user experience for customers of Wind Telecom."
"Until the end of October, 2013, ZTE published 815 SAE/LTE patent statements in the IPR database of the European Telecommunications Standards Institute (ETSI), accounting for 13 percent of the total in the global telecommunications industry," said Jiang Xiangyang, Vice President of ZTE Corporation. "Our industry leading technology advantages will guarantee ZTE and Wind Telecom provide the wonderful mobile broadband services for consumers in the Dominican Republic."
As a global provider of industry-leading solutions, ZTE developed an end-to-end Turnkey solution for Wind Telecom after analyzing the operator's existing networks. With the help of ZTE, Wind Telecom's 4G TD-LTE network will serve consumers and businesses and help make Dominican transition to the wireless broadband era, meeting higher data bandwidth needs.
Under the multi-year contract, ZTE will help Wind Telecom deploy a 4G TD-LTE network in 2.5 ?V 2.7 GHz spectrum covering major cities and rural areas of Dominican, as well as provide 4G mobile devices that will appeal to users and help them take advantage of the broadband capabilities of the new network.
ZTE has eight R&D centers in U.S, Europe and China dedicated to research of 4G LTE technologies and systems. More than 5,000 experts at ZTE are involved in the research and development of 4G LTE wireless system, core network and terminal products.
As a provider of end-to-end TD-LTE solutions covering core network, wireless network, terminals, chips, and service platforms, ZTE has established TD-LTE trials and commercial networks for 66 leading operators in 40 countries in Europe, Commonwealth of Independent States (CIS), Asia-Pacific, Southeast Asia, and the Americas.
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 160 countries, helping them to meet the changing needs of their customers while growing revenue. 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.
CONTACT: ZTE Corporation
Margrete Ma, +86 755 26775207
Mark Lee / Andres Vejarano, +852 2837 4756 / 2837 4735
KEYWORD: ASIA PACIFIC NORTH AMERICA CANADA CARIBBEAN CHINA DOMINICAN REPUBLIC
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS HARDWARE NETWORKS TELECOMMUNICATIONS MOBILE/WIRELESS
SOURCE: ZTE Corporation
Copyright Business Wire 2014
PUB: 06/23/2014 11:21 PM/DISC: 06/23/2014 11:21 PM