Member access

4-Traders Homepage  >  Shares  >  SHENZHEN STOCK EXCHANGE  >  ZTE Corporation    000063   CNE000000TK5


News SummaryMost relevantAll news 

ZTE Corporation : ZTE Selected by STC Group as Preferred Global Vendor

02/28/2013 | 12:30am US/Eastern

ZTE strengthens accord with biggest operator in Middle East & North Africa

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, was selected as one of the preferred global vendors by STC Group, the largest telecommunication services provider in the Middle East & North Africa.

The agreement between ZTE and STC Group, announced at the Mobile World Congress conference in Barcelona, will allow ZTE to offer its portfolio of network infrastructure equipment through a global price structure based on total business located in Bahrain, India, Indonesia, Kuwait, Malaysia, Saudi Arabia, South Africa and Turkey.

In the 2012 financial year, STC Group reported revenue increased 6.7% to US$15.8 billion.

About ZTE

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 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE's revenue increased by 29 per cent to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating 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

ZTE Corporation
Margrete Ma, +86 755 26775207
Edelman PR
Diana Pong / Andres Vejarano
+852 2837 4734 / 2837 4735

© Business Wire 2013
Latest news on ZTE CORPORATION
1d ago ZTE : Sentenced for 3G Tech Infringement in US
2d ago ZTE : Patent Issued for Information Method and System of a User Access Mode to P..
2d ago ZTE : now Official Smartphone Sponsor of New York Knicks, Houston Rockets and Go..
2d ago ZTE : to Build 4G Network for Cambodia
3d ago ZTE : partners with Omnilogic to provide Romania and surrounding countries with ..
3d ago ZTE : Q3 profit rises 191% as smartphones and 4G equipment sales surge
3d ago ZTE : named smartphone sponsor for Knicks, Rockets, Warriors
3d ago ZTE : now official smartphone sponsor of New York Knicks, Houston Rockets, Golde..
3d ago ZTE : US unit announces big three NBA partners
3d ago ZTE : Mobile Devices 3Q revenue up 40%
Dynamic quotes