SHENZHEN, China - Friday, March 6th 2015 [ME NewsWire]
(BUSINESS WIRE)-- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has signed a deal to build Algeria Telecom’s LTE Phase II project. This is the second time ZTE has worked with Algeria Telecom following its LTE Phase I project, with the first purchase order for Phase II covering 14 wilayas in the north east region.
Algeria Telecom is the only public fixed communications operator in Algeria, and the main provider of broadband in the country. Algeria is the second country which commercially launched LTE in Africa, having launched the Phase I project in April 2014. Following this, Algeria Telecom began plans to build its Phase II project.
The Algerian government gave high priority to the building of fixed broadband and wireless broadband, with the LTE project one of the main elements of its national broadband strategy. The deployment of LTE Frequency Division Duplex (FDD) aims to help both families and businesses to enjoy the benefits of a fixed broadband service.
By the end of 2014, ZTE had achieved more than 170 LTE EPC commercial contracts. The company is the fastest growing LTE vendor, with around 25 percent of the market share in new markets.
ZTE is a provider of advanced telecommunications systems, mobile devices, and enterprise technology solutions to consumers, carriers, companies and public sector customers. As part of ZTE’s M-ICT strategy, the company is committed to provide customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE’s products and services are sold to over 500 operators in more than 160 countries. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in international standard-setting organizations. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. For more information, please visit www.zte.com.cn.
Margrete Ma, +86 755 26775207
Daniel Beattie, +44 (0)208 3928071