ZTE Inks Power Supply Purchase Agreement with Telekom Malaysia
(Business News, 24 Oct 2007 )
ZTE Corp. has inked a power supply purchase agreement with Telekom Malaysia, one of Southeast Asia's leading carriers. This is a major milestone for ZTE, being the first China provider to seal a power supply deal and penetrate into the Malaysia market. Under the agreement, ZTE will provide 70 percent of the purchase order for power products.
The deal calls for ZTE to supply telecom equipment such as mixed-base station power system, and embedded power systems, in line with Telekom Malaysia's goal of improving their fixed-line telecom business to keep pace with the rapid and dynamic development in the local market. With ZTE's customized services, Telekom Malaysia will be able to create market distinction for its services on top of achieving reliability and stability. The power supply partnership with Telekom Malaysia further shows ZTE's strong commitment in establishing strategic collaboration with international high-end providers.