Chinese telecom network vendor ZTE today said it has bagged a 2G, 3G and 4G wireless project contract from COSMOTE Romania, a mobile operator in the Balkans.
ZTE will assist COSMOTE Romania, a Deutsche Telekom group company, to transform its existing 2G 3G network. The telecom deal also involves building a new LTE network in southern Romania.
The deal is expected to require construction of more than 3,000 base stations. ZTE did not share the financial details of the contract.
This is one of the main deals for ZTE in the European LTE market.
In 2012, COSMOTE Romania won the auction for 25M 1800Mand 10M 2600M LTE spectrums and is planning to launch LTE services.
As of July 2014, ZTE has won 146 commercial LTE/EPC contracts around the world, covering 70 percent of the countries that have invested in LTE.
ZTE claims that its share of the new LTE market is close to 20 percent.
ZTE assisted telecom operators including China Mobile, China Telecom, Hutchison, Softbank, KPN, Telenor, TeliaSonera, Vodafone, VimpelCom, and Bharti Airtel to launch LTE networks.
