ZTE limits its business with Iran

The Chinese equipment manufacturer ZTE has said it is halting its expansion in Iran, following similar moves by rival vendors including Nokia Siemens Networks (NSN), Ericsson and Huawei. The company said in a press statement: ‘ZTE has provided standard communications and network solutions to Iran on a small scale. However, due to local issues in Iran and its complicated relationship with the international community, ZTE has restricted its business practices in the country since 2011. ZTE no longer seeks new customers in Iran and limits business activities with existing customers.’