China's ZTE Wins Bid to Partake in Construction of Europe's First Commercial 5G Networks
Dou Shicong
DATE:  Oct 26 2017
/ SOURCE:  Yicai
China's ZTE Wins Bid to Partake in Construction of Europe's First Commercial 5G Networks China's ZTE Wins Bid to Partake in Construction of Europe's First Commercial 5G Networks

(Yicai Global) Oct. 26 -- ZTE Corp. [SHE:000063], a Guangdong-based telecom device maker, will help build commercial 5G networks in Italy, the first pilot program for such networks in Europe, the firm said.

Italy's Ministry of Economic Development recently released the results of the bid for the project, disclosing that ZTE will work alongside leading Italian operators Wind Tre SpA and Enel OpEn Fiber SpA to construct the network.

The Italian government announced its decision to lead European Union's 5G action plan at the beginning of the year, picking five cities to run the pilot program. ZTE will mainly be engaged in networks in L'Aquila, Southern Italy and Prato, the capital of Prato province, investigating the technological performance and applications for 5G networks in such sectors as smart cities, public security and industry 4.0.

ZTE is honored to be part of the project, its head of 5G products said, adding that the firm also plans to build a 5G innovation center in L'Aquila and facilitate the commercialization of 5G networks in other countries and regions.

The firm has already penned technical and industrial 5G cooperation deals with China's three major telecoms providers and operators in Japan, Spain, Belgium and South Korea.

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Keywords:   MSCI,5G,Wind Tre,OpEn Fiber,EUROPE,EU