15 May 2019, Shenzhen, China
- Ooredoo Myanmar and ZTE Corporation have signed a Memorandum of Understanding (MoU) for 5G development
- The MoU enables Ooredoo and ZTE Corporation to work together towards 5G adoption in Myanmar
- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet today signed a Memorandum of Understanding (MoU) with Ooredoo Myanmar to collaborate on 5G network development. The collaboration is one of many components of Ooredoo Group’s network modernisation program and will ensure that Myanmar is ready for the “Evolution to 5G”.
This is the first partnership of its kind in Myanmar with ZTE, demonstrating Ooredoo’s commitment to support Myanmar’s digitalization journey.
Mr. Alok Verma, Acting CEO of Ooredoo Myanmar and Mr. Yan Changzhi, CEO of ZTE Myanmar signed the MoU at Ooredoo Myanmar’s headquarters, with senior executives from both companies in attendance.
This partnership will leverage the technical expertise of ZTE Corporation and support Ooredoo Myanmar’s efforts to provide a world-class telecom infrastructure for the people of Myanmar.
Mr. Alok Verma, Acting CEO of Ooredoo Myanmar said: “It is a great pleasure to announce our MOU with ZTE Corporation, one of the leaders in advanced telecommunications technology. Ooredoo is the first telecom operator in Myanmar to launch initiatives towards 5G development, recognizing the potential of 5G, which will unlock the next generation of wireless technology with high speeds, ultra-low latency and greater capacities, unleashing new possibilities in mobility, manufacturing, healthcare, transportation and several other industries. This is also in line with our vision of enriching people’s digital lives. We look forward to working with ZTE Corporation on this exciting new initiative.”
Mr. Mei Zhonghua, SVP of ZTE Corporation said: “We look forward to utilizing Ooredoo’s global 5G expertise through our collaboration in Myanmar. 5G is the future of wireless technology designed to meet ever advancing and increasingly complex sets of performance requirements. It is about 100 times faster than 4G. It offers ultra-low latency, and will catalyze mobility, industrial networking, remote healthcare, virtual reality, and ultra-high-definition video, and enhance our customers’ digital experience and help them enjoy the Internet in new and exciting ways as well. 5G will impact the entire mobile network and associated eco-system, from devices to radio access, IP core and into the cloud.”
Ooredoo made history when it became the first operator in the world to launch a live 5G network in Qatar in May 2018. Ooredoo has been gearing up to test this new generation of 5G wireless technology since 2014. Over the next few months, it plans to reach more world-first milestones by testing 5G mobile and networks through user trials and commercial launches across Ooredoo Opcos around the world.