4 August 2010, Shenzhen, China – ZTE Corporation (“ZTE”), a leading global provider of telecommunications equipment and network solutions, announced today the deployment of Spain’s first WiMAX 802.16e network with Iberbanda, a Spanish broadband telecommunication operator.
The deployment was executed in the Spanish regions of Galicia on the north-west coast of the country and neighboring Asturias. The initiative will provide high-speed broadband access services.
The deal follows an existing agreement signed between ZTE and Iberbanda in December 2009 to supply 500 WiMAX base stations for two years to provide high-speed broadband services to the rural parts of Spain.
ZTE has built the largest 2.3G WiMAX commercial network in Southeast Asia with 170,000 subscribers.
As of June 2010, ZTE has successfully rolled out 59 WiMAX networks in 41 countries. ZTE’s equipment has been supplied to high-end markets such as the USA, Japan and Europe. In 2009, ZTE was ranked among the top three WiMAX vendors worldwide in terms of new network deployment by Frost & Sullivan.
ZTE is a leading global provider of telecommunications equipment and network solutions with the most comprehensive product range covering every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries helping it to meet the changing needs of customers. ZTE’s 2009 revenue led the industry with a 36% increase to USD 8,820.7 million. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. ZTE is also a company with sound corporate social responsibility (CSR) initiatives.
ZTE is a member of the UN Global Compact. It is China’s only listed telecom manufacturer, 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.
Iberbanda is a Spanish broadband telecommunication operator, offering to its customers a wide range of high-speed Internet access services, telephony, data transmission and value-added services being commercialized through its website www.tngo.es and www.iberbanda.es as well as through its free phone 1632.
Iberbanda, which operates throughout Spain, is a broadband telecommunications company that has its own radio communications technology network (WiMAX), offering services with advanced features. It provides connectivity to rural areas where no other broadband infrastructure exists.
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