SHENZHEN, CHINA--(Marketwired - Aug 31, 2016) - ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced the signing of a major network modernization deal with Telenet, the largest provider of cable broadband services in Belgium. Telenet acquired mobile operator BASE from KPN for EUR 1.325 billion in 2015.
Signed today, ZTE has been selected by Telenet as the official vendor for its national UniRan radio access network in Belgium. ZTE will deliver a state-of-the-art modernized and enhanced UniRan technology.
The major investment by Telenet in upgrading its mobile network is part of the company's strategy to not only have its own mobile network, but also manage its infrastructure, invest in it, and guarantee its clients a mobile service of superior quality. Telenet is focused on establishing itself as a converged operator, replicating in the mobile market its position in the fixed market as the benchmark for superior network performance. Telenet has announced its intention to invest EUR 300 million over and above investments already announced earlier, with EUR 250 million earmarked for the transformation of its mobile network.
"Since the takeover of BASE, we've already explained on many occasions how high our mobile ambitions are. Today, we're ready and the project is taking shape," said John Porter, CEO Telenet. "Telenet is absolutely delighted to have found in ZTE a partner capable of helping us achieve our ambition: To develop a high-quality mobile network which will help the company to profile itself as a leading converged operator in Belgium and Europe, against the background of a telecommunications and entertainment market which is undergoing massive changes."
The long-term partnership with ZTE is focused on the modernization of radio equipment across over the whole country. By replacing 2G base stations and optimizing both indoor and outdoor 3G, 4G and 4G+ coverage, ZTE is enabling Telenet to increase network capacity ready to accommodate by 2018 all its mobile clients currently hosted on the Orange network. With the ZTE UniRan solution, Telenet will ensure Network readiness for the future introduction of new mobile technology.
"ZTE is proud to have been selected as the official supplier of the Telenet radio infrastructure," said Mr. Xianming Zhao, ZTE CEO. "Thanks to the ZTE technology, Telenet will be in a perfect position to provide high quality mobile services for its residential and business clients and for its new clients. This partnership represents a milestone for ZTE and allows us to reinforce our presence in the European telecommunications market. ZTE now becomes a key player in the standardization and modernization of the mobile infrastructure in Europe by offering integrated end-to-end innovations to deliver excellence and value to Telenet and Liberty Group enabling increased connectivity and productivity."
Due to be completed by the spring of 2018, ENGIE Fabricom and PTM will work closely together with Telenet and ZTE on operational level (physical replacement of the radio stations, wiring) and administrative level (access to sites, licences, etc.) support respectively.
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.