ZTE to build part of China's national optical fibre network
(Xinhua)
Updated: 2006-10-10 21:20
China's leading telecommunications equipment provider ZTE Corporation will
build part of the national optical fibre network, the company told Xinhua on
Tuesday.
ZTE, listed on the Hong Kong and Shenzhen stock exchanges, clinched the deal
with China Unicom, a major Chinese mobile telecoms operator, after emerging the
winner of an international bidding contest.
Under the deal, ZTE will be responsible for laying the optical lines to
connect the cities of Shenyang and Dalian in northeast China's Liaoning Province
to Qingdao and Yantai in east China's Shandong Province. It will also link Jinan
in Shandong to Nanjing in Jiangsu Province.
ZTE also won the contract to provide transmission equipment for a network
linking Guangdong Province in southern China to Hong Kong and Macau.
Company officials refused to disclose the value of the contracts.
As a leading telecommunications equipment provider founded in 1985, ZTE's
business has expanded to more than 100 countries and regions, with the sales
revenue of its main business reaching 21.58 billion yuan last
year.
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