Business News This Week
New Delhi, 4 April 2012, 01:40 P.M., India – Bharti Airtel, a leading global telecommunications company with operations in 19 countries across Asia and Africa has selected ZTE Corporation (“ZTE”), a publicly-listed global provider of telecommunications equipment and network solutions to plan, design, supply and deploy its 4G network in Kolkata. The forthcoming launch of 4G services, will allow Bharti Airtel subscribers to experience, high speed wireless internet access that can support bandwidth intensive applications, support video streaming and high-definition video conferencing.
Sanjay Kapoor, CEO Bharti Airtel (India & South Asia) said, “According to industry estimates, by 2016 – 6% of all mobile connections will have 4G connection, which would create 36% of the total mobile data traffic – thus paving way for the ensuing data revolution. The impending launch of 4G in the country will provide ultra high speed data access, driving fundamental changes in society at large. We look forward to the launch of 4G technology in India, which will be timed to match the world in its launch.”
Mr. Cui Liangjun, Chief Executive Officer, ZTE India said, “We are glad to be a part of Airtel’s foray into LTE services for the first time in India. ZTE is fully determined to build a strong LTE ecosystem that offers a scintillating experience for Internet users.”
ZTE is a leader in developing LTE technologies and till date has applied for 381 essential patents (EPs) for LTE standards, which account for approximately seven percent of the total number of EP applications globally. The organization offers a full range of LTE base stations, including widely distributed macro stations. It has won 30 contracts for LTE commercial application and has deployed test networks in cooperation with more than 100 operators across the globe.
About Bharti Airtel Limited
Bharti Airtel Limited is a leading integrated telecommunications company with operations in 19 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 5 mobile service providers globally in terms of subscribers. In India, the company's product offerings include 2G & 3G mobile services, fixed line, high speed broadband through DSL, IPTV, DTH, enterprise services including national & international long distance services to carriers. In the rest of the geographies, it offers 2G & 3G mobile services. Bharti Airtel had over 246 million customers across its operations at the end of February 2012. To know more please visit, www.airtel.com
About ZTE
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE’s revenue increased by 29 per cent increase to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
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