SHENZHEN, China. - Thursday, August 28th 2014 [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, network solutions and mobile devices, has signed a contract with Slovak operator SWAN for a nationwide LTE network project.
ZTE will exclusively construct core CS/PS (circuit-switched/packet-switched) network, and a GSM/LTE mobile communications and VAS (value added services) network, involving over 1,100 dual-mode GSM/LTE base stations to SWAN.
SWAN was granted the fourth wireless operator license in Slovakia in January 2014, and plans to build more than 1,100 GSM and LTE base stations within three years.
ZTE and SWAN have established a strong partnership, with ZTE taking the lead in substantial network development projects. ZTE will be using its industry-leading SDR (software-defined radio) solutions to provide seamless dual-mode GSM/LTE communications across the country. To manage mobile communications across SWAN's spectrum structure, ZTE will use full-bandwidth, high-power RRUs (remote radio units) to avoid spectrum fragmentation and to deliver high bandwidth and LTE frequency adjustment. The ZTE network’s ability to simply evolve to LTE-A will protect SWAN's existing investment and help the operator to respond quickly to competitive challenges.
Mr. Xie Junshi, CTO of ZTE Europe and America, said, "ZTE is looking forward to helping develop SWAN’s presence in Slovakia and to providing the most advanced high-speed communications to support SWAN grow and succeed in this highly competitive market. Through this project, ZTE and SWAN will enter a closer long-term strategic partnership."
As a major global provider of integrated communications solutions, ZTE is building market-leading networks with operators all over the world that are customized to match their individual requirements. ZTE is the fastest-growing supplier of LTE products, and the company’s share of the global LTE equipment market increased by almost 20 percent in 2013.
ZTE has signed 146 LTE/EPC commercial contracts around the world, and has contracts in 70 percent of the countries that have invested in LTE. SWAN's nationwide LTE network project is the first large-scale commercial network built by ZTE in Slovakia, indicating an important step forward for ZTE's wireless products in the European operator market.
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. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. 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.
SWAN, a.s., is a rapidly developing Slovak telecommunications service provider, which aims to provide customers with professional telecommunications solutions of the highest quality. Technological capacities, portfolio of services and rapid development of the company rank SWAN among innovators and leaders within the Slovak national market. SWAN aims to reach a stable place among leading companies of the Slovak telco market and acts as a responsive technological leader in the area of modern and cost-effective solutions. For more information, please visit www.swan.sk
Margrete Ma, +86 755 26775207
William de la Bedoyere, +44 (0)20 8392 8074