China's Potevio, ZTE Sign Strategic Agreement

Chinese telecom companies Potevio and ZTE have signed a comprehensive strategic agreement to implement a cooperation in the TD-SCDMA and TD-LTE sectors.

The two parties said that with the cooperation, they will optimize the advantages of each other to realize mutual benefits and to provide better communication products and services to the market and customers. Depending on the resources of the two companies, Potevio and ZTE will promote full cooperation in the development, manufacturing, system integration, and project service in the communications industry. They will also make coordination in the market level to offer the best solutions and production services to customers.

The two parties will reportedly take the cooperation in the TD-SCDMA and TD-LTE sectors as the starting point to launch a comprehensive strategic cooperation. In addition, the two will establish a joint venture to jointly provide customers with advanced, reliable, competitive products as well as timely and quality services.

Apart from the communication industry, Potevio's businesses also cover industry information, broadcasting communication, and new energy application, which may bring new development opportunities to ZTE.

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