(Xinhua via NewsEdge) Chinese equipment provider ZTE will build part of China's national optical fiber network, the company said.
ZTE, listed on the Hong Kong and Shenzhen stock exchanges, clinched the deal with China Unicom, a major Chinese mobile telecoms operator, after emerging the winner of an international bidding contest.
Under the deal, ZTE will be responsible for laying the optical lines to connect the cities of Shenyang and Dalian in northeast China's LiaoningProvince to Qingdao and Yantai in east China's ShandongProvince. It will also link Jinan in Shandong to Nanjing in JiangsuProvince.
ZTE also won the contract to provide transmission equipment for a network linking GuangdongProvince in southern China to Hong Kong and Macau.
Company officials refused to disclose the value of the contracts.
As a leading telecommunications equipment provider founded in 1985, ZTE's business has expanded to more than 100 countries and regions, with the sales revenue of its main business reaching 21.58 billion yuan ($2.7 billion) last year.
© 2006 Xinhua News Agency
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