ZTE gets STC's preference status

SHENZHEN, CHINA: ZTE Corporation, a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, was selected as one of the preferred global vendors by STC Group, a telecommunication services provider in the Middle East & North Africa.

The agreement between ZTE and STC Group, announced at the Mobile World Congress conference in Barcelona, will allow ZTE to offer its portfolio of network infrastructure equipment through a global price structure based on total business located in Bahrain, India, Indonesia, Kuwait, Malaysia, Saudi Arabia, South Africa and Turkey.

In the 2012 financial year, STC Group reported revenue increased 6.7 per cent to $15.8 billion.