ZTE Wins China Mobile TD-LTE Contract
(Beijing) – ZTE Corp. says it has won a contract to build TD-LTE networks for China Mobile in five major cities.
ZTE's October 15 announcement that it won the bid was an attempt to win back investor confidence, an industry source said.
Earlier, the ZTE said it expected to lose up to 2 billion yuan in the third quarter of this year.
In August, China Mobile started the tender process for its TD-LTE networks in 13 trial cities. The company plans to start work on networks in 100 cities in 2013, eventually building more than 200,000 base stations.
- Appliance Giant Decides Its Future Is to Think Small
- Hunan Suicide
- CNPC Continues to Be Hit by Scandal as Two More Executives Fall
- Training Day
- Getting Local Officials on Board the Next Stage of Reform
- Chinese Investment Company to Buy British Restaurant Chain
- Alibaba Said to Delay New York Listing until after Labor Day
- 60-Second News for July 22: Typhoon Rammasun
- Market Reforms, Fight against Corruption Go Hand in Hand, Expert Says
- What Li Keqiang Asks in Meetings with Economists
- Sign up to receive our free daily newsletter
- CCTV Financial News Anchor Rui Chenggang Is Detained
- Gov't Selects Six SOEs for New Round of Pilot Reforms
- Qingdao Port Warehouse Receipts Forged with Phony Seals, Says Source
- Getting a Healthy Interest in Medical Tourism
- Alibaba Has Big Hopes for New Big Data Processing Service
- Why Congress Should Pass the EB-5 Regional Center Extension Act
- The Lost Soldier of Myitkyina
- Graphics: What Does US$ 100 Mean to Expatriates Around the World?
- Beijing Monorail Plan Earns Ire Among Residents
- WH Group Hits out Against 'Defamatory' Accusations