ZTE and Maxis sign USD400 million deal; Aircel to benefit

13 Oct 2008

Chinese hardware vendor ZTE Corp has announced that it has inked a USD400 million agreement with Malaysian mobile operator Maxis; the deal will see ZTE provide GSM infrastructure for Maxis’ Indian subsidiary Aircel. In a press release ZTE noted, ‘It is a great opportunity for us to be selected by Maxis to help enhance the GSM network of its subsidiary in India, one of the fastest growing telecom markets in East Asia. This agreement has given ZTE a valuable opportunity to contribute our strong expertise and technology to develop GSM infrastructure in the local market.’ According to TeleGeography’s GlobalComms database, Aircel had 11.924 million subscribers at the end of June 2008.

India, Aircel, Maxis, ZTE