Axiata and ZTE sign five-year agreement

23 Jun 2011

ZTE Corporation has announced that it has entered a five-year strategic global framework agreement with Axiata Group. The deal will serve as a common platform for purchases of telecoms equipment and other products as well as the provision of related services by ZTE for Axiata and its group of companies. It is expected that the cooperation will enhance the engagement and strengthen the relationship between the two parties across the Asia-Pacific region.

President and Group CEO of Axiata, Dato’ Sri Jamaludin Ibrahim said, ‘This partnership will allow Axiata to streamline our procurement process, through modernisation and rationalisation. The agreement will realise synergies across our group for global procurement translating into faster time to market which will benefit customers. We look forward to working closely with ZTE, towards a mutually beneficial agreement.’

According to TeleGeography’s GlobalComms Database Axiata has controlling interests in mobile operators in Malaysia (Celcom), Indonesia (XL), Sri Lanka (Dialog), Bangladesh (Robi) and Cambodia (Hello) with significant strategic stakes in India (Idea), Singapore (M1) and Iran (Esfahan).

Malaysia, Axiata, ZTE