Chinese telecommunications equipment and network solutions provider ZTE Corporation and British Telecom have jointly announced that the two parties have formed a new research and development partnership to explore the next generation of fixed-line, wireless and mobile telecommunications services.
This is reportedly the first time for the two companies to establish such cooperation, with which the two will team to develop international telecom standards to promote the interoperability and convergence of global communications systems. The partnership will see ZTE's extensive knowledge of equipment and network solutions combined with BT's world-class innovation capabilities and experience of delivering communications services in more than 170 countries worldwide.
Commenting on the cooperation, Clive Selley, chief information officer of BT Group, said that this is another example of BT's commitment to open innovation, combining with outstanding partners, customers and academic bodies to develop exciting new services and constantly improve the customer experience. They have been very impressed with the knowledge and sophistication of ZTE's team and, by combining their complementary strengths and expertise on a range of research projects, they expect this partnership to be very fruitful for both BT and its respective customers.
Xie Daxiong, executive vice president and chief technology officer of ZTE, said it is a privilege for ZTE to work with such a respected global carrier. BT's UK and global experience and resources are a great match for ZTE's leadership in key fixed, wireless and device technologies, and the company looks forward to a close and effective research relationship.
Financial terms of the deal have not yet been revealed.