[November 09, 2009] ZTE, Telefonica Join Hands on LTE Network Construction Tweet SHENZHEN, Nov 09, 2009 (SinoCast Daily Business Beat via COMTEX) -- ZTE Corporation (SZSE: 000063 and SEHK: 0763) announced on November 9, 2009 that it inked cooperation agreements with Telefonica. Under the agreements, the Chinese telecommunications equipment supplier will participant in Telefonica's long term evolution (LTE) trial network construction. Telefonica will deploy LTE trial networks in Spain, UK, Germany, Ceskoslovensko, Brazil, and Argentina, in an attempt to boost LTE network and technology in different territories and circumstances. The cooperation between ZTE and Telefonica will focus on Spain. ZTE is one of the world's pioneers for LTE terminal research and development. Prior to the cooperation with Telefonica, it had teamed up with several world-leading telecom carriers to carry out LTE testing and network construction, noted the company. Since the end of 2008, ZTE has gained fast growths in the GSM/UMTS/LTE field. Its GSM/UMTS products have successively made inroads into many foreign countries like India, Indonesia, Vietnam, as well as Turkey, via cooperation with major telecom operators. Source: www.enet.com.cn (November 09, 2009) [ Back To TMCnet.com's Homepage ]