Company Press Release:

ZTE signs Network Global Framework Agreement with Vodafone

2 April 2008, Shenzhen, China - ZTE Corporation (“ZTE”), a leading global provider of telecommunications equipment and network solutions, has signed a network equipment Global Framework Agreement (GFA) with Vodafone on spanning ZTE’s complete telecoms infrastructure equipment portfolio. The GFA represents a contract framework that can be used if Vodafone decides to contract ZTE for network equipment in the future.

The agreement builds on agreements previously signed by the two companies making ZTE a Vodafone Qualified Global Supplier in April 2006, and a terminal GFA announced in February 2007.

“As a major global telecoms equipment supplier, ZTE is an important potential network equipment supplier to Vodafone worldwide”, said Detlef Schultz, Vodafone Global Supply Chain Management Director. “This GFA ensures that when Vodafone companies want to work with ZTE, the structure is in place to enable that to happen quickly and efficiently for both parties.”

“This GFA gives Vodafone companies access to ZTE’s comprehensive range of network equipment that covers every possible equipment need for every global mobile communications standard”, said Mr Lin Cheng, President of ZTE West Europe. “We look forward to a long and fruitful relationship with Vodafone as a strategic global partner in the telecoms infrastructure equipment area.”

The terminal GFA signed by Vodafone and ZTE in 2007 led to the launch of Vodafone’s first ZTE-made ultra low cost handset (ULCH) GSM handset in May 2007. ZTE has now shipped over eight million units of Vodafone branded GSM handsets to over 30 Vodafone operating companies and partner networks worldwide.

 


About Vodafone

Vodafone is the world’s leading international mobile communications group with operations in 25 countries across five continents and over 200 million proportionate customers by the end of January 2007, as well as 38 partner networks. For further information, please visit www.vodafone.com.

About ZTE

ZTE is a leading global provider of telecommunications equipment and network solutions. The ZTE product range is the most complete in the world – covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to customers in more than 135 countries, helping them to achieve continued revenue growth and to shape the future of the world’s communications. ZTE commits around 10% of annual turnover to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. It is China’s only listed telecoms manufacturer, with shares publicly traded on both the Hong Kong and Shenzhen Stock Exchanges. ZTE was included in BusinessWeek’s 2006 ranking of China’s Top 20 Brands. ZTE was also awarded the “Most Promising Vender of the year” by Frost & Sullivan in its 2007 Asia Pacific ICT Awards. It was reported as the fastest growing telecom equipment and solutions provider among the major telecom vendors worldwide by international research firm IDC in 2007. For more information, please visit www.zte.com.cn.