ZTE to provide Telenor with radio and core infrastructure
Hungarian unit of Norway’s Telenor has awarded a contract to Chinese firm ZTE to build a complete network, including fourth-generation (4G) mobile networks LTE capabilities, in addition to older 2G and 3G technology, for Telenor.
The deal reported to worth €200m marks a major development for ZTE by opening the door for it to develop an LTE network down the line, reports Reuters citing analyst.
As per the contract, ZTE will also provide the European carrier Telenor with radio and core infrastructure over the next five years.
Similar networks have been previously built by ZTE for Telenor, which has major presence in emerging markets, such as India and Montenegro.
ZTE has rolled out seven LTE commercial networks and 50 trial LTE networks globally to date, the news agency reported.
ZTE has catered developing markets in Asia, Africa and Eastern Europe, but has made less inroads with major contracts in developed markets such as the US and Europe.