ZTE bags CNY4 billion China Telecom contract

28 Jun 2012

Chinese vendor ZTE has announced that it has been awarded a contract worth approximately CNY4 billion (USD632.87 million) to supply China Telecom with broadband equipment for its current expansion programme. The contract includes the provision of more than 21 million units including optical line terminals (OLTs), fibre-to-the-building multiple dwelling units (FTTB MDUs) and broadband terminals. The news follows yesterday’s announcement that French-US equipment supplier Alcatel-Lucent had been selected to provide the telco with its Internet Protocol/MultiProtocol Label Switching (IP/MPLS) solution.

China, China Telecom Corporation, ZTE