13 September 2011, Shenzhen, China – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment and network solutions, today announced it has won a major enterprise solutions contract with the Power Grid Corporation of India Ltd. (PGCIL) to provide fixed-network transmission services across the country.

The contract will increase ZTE’s share of PGCIL's transmission market to 15 per cent, a significant achievement for the company in India's non-telecom-operator market. As part of the agreement, ZTE will deploy more than 385 DWDMs, 1025 SDHs, and several PTN devices to enhance PGCIL’s network coverage and service quality. The India contract represents ZTE’s first step into one of seven key markets in which it aims to be a leading provider of enterprise solutions.

“ZTE has been a leader in providing telecoms technology addressing the complex requirements of organizations across sectors for over a decade,” said ZTE India CEO Cui Liangjun. “Given our successes in global markets such as China, Africa and the United States, we’re pleased to make this foray into the Indian enterprise solutions market and are confident of success there.”

The India enterprise solutions market is estimated to be worth US$3 billion and is projected to grow to US$ 8 billion by 2014. To address this vast potential, ZTE has formed an enterprise solutions team to work with key clients in the government and private sector. The enterprise solutions team also will focus on the requirements of telecom operators. A national distribution network for enterprise solution offerings comprised by a network of national distributors, system integrators and tier 2 channel partners also is being formed. Further, the company is revamping its existing facility in the Indian industrial town of Manesar and is considering manufacturing enterprise solutions in India when demand increases.

ZTE is focused on offering end-to-end solutions and products to its enterprise customers, including Telepresence, Data Center, Smart Grid, Digital Home/Building and Intelligent Transport Solutions. The company offers a wide range of products in optical transport solutions, routers and LAN switches, xPON/ FTTx, Videoconferencing, IP surveillance, contact center solutions, servers and storage, RFiD & CPEs and STBs.