ZTE expands its network in Pakistan
BEIJING: Chinese company, ZTE said it has also been given next generation networking contracts in Pakistan.
This is a part of its overall plan to expand its network in Pakistan and other regional countries. The Shenzhen-based company said the network would provide next-generation networking technology, which allows services like traditional fixed-line voice calls to be carried on the same network as digital signals such as mobile telecom traffic.
ZTE, which lists shares in Hong Kong and Shenzhen, is China’s second-biggest telecom equipment vendor. According to its annual report, sales of its handsets, base stations, switches, software, and broadband networking gear grew 35 percent to US$4.1 billion last year. Profits jumped 50 percent, to an estimated US$186 million. And exports soared 170 percent, to US$1.6 billion.
“Pakistan is a very important market for ZTE and we already have excellent relationships with our customers,” said Mr Hou Weigui, ZTE chairman. app