ZTE : Banglalink and ZTE ink deal for network modernization

Banglalink and ZTE ink deal for network modernization

Release Time：2024-05-06

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• ZTE and Banglalink have signed a strategic agreement to enhance their collaboration, targeting the modernization and improvement of network infrastructure
• ZTE will use advanced tech, unique algorithms, and innovative solutions to boost Banglalink's 4G coverage and upgrade network capacity

Erik Aas, Chief Executive Officer at Banglalink, and Liao Hui, Managing Director of ZTE VEON Global signed the agreement on behalf of Banglalink and ZTE

Dhaka, Bangladesh, 6 May 2024 - ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, and Banglalink, the county's innovative digital service provider in Bangladesh, have signed a strategic agreement to enhance their ongoing collaboration targeting modernization and enhancement network infrastructure.

By leveraging ZTE's advanced technology, Banglalink aims to reinforce its position as the nation's leading data service provider. This initiative is in line with Banglalink's ongoing commitment to excellence, underscored by its four-year consecutive recognition with the Ookla® Speedtest Award™ for Bangladesh's fastest mobile network.

The agreement stipulates the deployment of ZTE's latest technological innovations, incorporating advanced and inventive solutions to augment Banglalink's 4G coverage and enhance network capacity.

Erik Aas, Chief Executive Officer at Banglalink, and Liao Hui, Managing Director of ZTE VEON Global signed the agreement on behalf of their respective organizations at a signing ceremony held at the Banglalink Corporate Office in Dhaka.

Erik Aas, CEO of Banglalink, said, "We are committed to continuously driving digital transformation across Bangladesh. This strategic partnership, in collaboration with our initiative to double our network infrastructure, is expected to greatly enhance the digital experience for Banglalink customers by ensuring reliable and high-quality services. This advancement will significantly improve connectivity and user experiences, leading towards achieving the Smart Bangladesh vision."

Mao Junyong, CEO of ZTE Bangladesh, said, "Banglalink is one of our most valued partners, holding the largest market share for ZTE in Bangladesh. This partnership marks a new phase in our strategic cooperation. As a global leading provider of information and communication technology solutions, ZTE will provide Banglalink with our finest technology and services. We aim to enhance their network capabilities so that they can generate top-class user experiences. Our long-term vision is to support the digitization of Bangladesh and advance the 'One Village, One Product' strategy."

Huseyin Turker, Chief Technology and Information Officer of Banglalink, said: "Integrating ZTE's next-generation equipment will allow us to deliver a superior user experience by enhancing network coverage and quality. Our longstanding partnership with ZTE enables us to continuously adopt their innovative solutions and advanced technologies."

Also present at the ceremony were Huseyin Turker, Chief Technology and Information Officer at Banglalink; Andre Kangas, Chief Financial Officer at Banglalink; Jahrat Adib Chowdhury, Chief Legal Officer and Company Secretary at Banglalink; Taimur Rahman, Chief Corporate and Regulatory Affairs Officer at Banglalink, Muniruzzaman Sheikh, Chief Ethics and Compliance officer, Banglalink; K.M Zakaria, Procurement and Supply Chain Director at Banglalink, Hasnat Reza Mahbub Alam, Network Service Management Director as well as Jiang Xiao, CTO of ZTE Bangladesh, Liu Liyan, Account Director of ZTE Banglalink BU, Zhao Zhen, Account Manager of ZTE Banglalink BU, among other high-ranking officials from both organizations.

ABOUT ZTE:

ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, and its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global

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About Banglalink:

Banglalink is one of the leading digital communications service providers in Bangladesh, working to unlock new opportunities for its customers as they navigate the digital world. Driven by the vision of transforming lives through technology, Banglalink also strives to transform into a future-ready service provider capable of catering to the demands of the new digital era. It is a subsidiary of VEON Ltd - a Nasdaq and Euronext listed connectivity provider headquartered in the Netherlands.

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