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WiMAX Master Purchase
Agreement |
ZTE
USA And Sprint Sign WiMAX Master Purchase Agreement
Other topics: WiMAX Executive Team,
WiMAX Solution Deployment
BUSINESS WIRE
July 17, 2007
Contract Signing Ceremony Marks Sprint’s Official Selection of ZTE USA
for WiMAX Devices and Modems
Reston, VA -- ZTE USA, Inc. a subsidiary of ZTE Corporation, a leading
global provider of telecommunications equipment and network solutions,
today announced that it has entered into a master purchase agreement
with Sprint Nextel (NYSE: S). Under the terms of the agreement, ZTE will
supply Sprint with WiMAX PC cards in express and USB form factors, and
advanced modem solutions for home networking. The agreement was marked
by a contract signing ceremony today at Sprint’s Herndon, Va. offices
involving Mr. Hou Weigui, chairman, ZTE Corporation, and Barry West,
President, 4G Mobile Broadband, Sprint. |
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Sprint plans to make its
WiMAX services commercially available to 100 million people in the U.S.
by year end 2008. “We chose ZTE because we found the company to be a
cutting-edge innovator backed by the engineering resources of an
established, leading global brand,” said Mr. West.
WiMAX is a standards-based technology that is a high performance,
un-tethered alternative to cable and DSL networking. Via a robust,
advanced WiMAX network, end-users can have access to anywhere wireless
Internet access, without being tied to a single location required by
home or public access points, such as Wi-Fi.
ZTE’s express and USB cards will equip Sprint subscribers with anywhere
wireless data access on their laptop, desktop or mobile device. The home
modem can serve as a replacement networking solution for the home cable
modem, enabling service providers to quickly roll-out fixed broadband
wireless service access via their network. ZTE’s modem is also equipped
to enable carriers to offer VoIP-based voice services.
“This is an exciting day for ZTE and a significant company milestone. We
are honored to be a WiMAX ecosystem partner chosen by Sprint to provide
solutions for its advanced wireless broadband network,” said Mr. Hou
Weigui, chairman, ZTE Corporation. “Maximizing our deep R&D resources
and ability to continually and quickly innovate to keep up with market
demand, we are looking forward to working with Sprint to bring the
next-generation of wireless innovation to U.S. end-users.”
About ZTE USA and ZTE
ZTE USA Inc., a wholly owned subsidiary of ZTE Corporation, a leading
global provider of telecommunications equipment and network solutions,
is headquartered in Dallas, TX, with offices in Iselin, NJ; Chicago, IL
and San Diego, CA. ZTE USA is leveraging ZTE's proven strength in IP and
wireless technologies, strong R&D capability, and strategic industry
partnerships to bring innovative wireless and wireline solutions and
mobile handsets to the U.S. market. www.zteusa.com
ZTE delivers innovative, custom-made products and services to customers
in more than 100 countries, helping them achieve continued revenue
growth and shape the future of the world's communications. ZTE commits
around 10 percent of annual turnover to research and development and
takes a leading role in a wide range of international bodies developing
emerging telecoms standards. It is the fastest-growing telecoms
equipment company in the world and is China's only listed telecoms
manufacturer, with shares publicly traded on both the Hong Kong and
Shenzhen Stock Exchanges. ZTE was the only Chinese IT and telecoms
manufacturer listed in Business Week's 2005 Information Technology 100.
About Sprint Nextel Sprint Nextel offers a comprehensive range of
wireless and wireline communications services bringing the freedom of
mobility to consumers, businesses and government users. Sprint Nextel is
widely recognized for developing, engineering and deploying innovative
technologies, including two robust wireless networks serving 53.6
million customers at the end of the first quarter 2007; industry-leading
mobile data services; instant national and international walkie-talkie
capabilities; and a global Tier 1 Internet backbone. For more
information, visit www.sprint.com. |
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