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Telecom News

ZTE extends partnership with Hutchinson Drei Austria on 5G

By Rugile Bertule July 27, 2018

The global telecommunications solutions provider ZTE and the mobile operator Hutchinson Drei Austria announced another strategic step to expand their partnership in preparation for the 5G rollout in Austria. The cooperation between mobile operators and telecommunications equipment providers is fundamental for the implementation of this cutting-edge technology, and a Joint Innovation Lab initiative was launched to develop, test and optimize the latest 5G technology solutions. The ten-year partnership between ZTE Austria and Hutchinson Drei Austria has already shown great results in upgrading the network for higher quality standards and service improvements, as demonstrated in the most recent Pre-5G trials in Austria. “The first result of the joint innovation initiative was the successful evaluation of the Pre-5G technology, which enabled us to create a commercial Pre-5G in Vienna already at the beginning of this year. This move was a breakthrough in the European telecoms market, which made Austria a true 5G…

Telecom News

Agreement between Chinese tech company ZTE and U.S. Commerce Department

By Jonathan Simon May 28, 2018

After President Trump asked the U.S. Commerce Department to find an agreement to save ZTE Corp., an agreement has been found. It all started when an investigation found out that ZTE was doing business with Iran and North Korea by sending U.S. products. Despite the opposition of several members of congress, mostly Democrats, but also many Republicans, that are accusing Trump of bending under Chinese pressure, ZTE will be able to trade with American companies. ZTE was banned from doing any business with the U.S. since April 15th and has lost $3 billion. ZTE will have to pay a $1.3 billion fine to the U.S. in addition to a $900 million fine they already paid last year. Part of the deal, aside from the fine, includes a change in management and will have to get parts from U.S. suppliers. The situation between ZTE and the U.S. Administration created some tensions…

Telecom News

US President Donald J. Trump to save jobs in Chinese telecom industry !

By Jonathan Simon May 14, 2018

In a strange turn of events, the American government has been instructed by President Trump, to help Chinese tech giant ZTE Corp. The problems started for ZTE when they were caught shipping U.S. goods to Iran. The U.S. Commerce Department then prevented U.S. companies from doing any trade with ZTE. This decision literally crippled the company, forcing Donald Trump to step in and take a decision. In a recent tweet President Trump expressed its concerns and his will to find a solution. https://twitter.com/realDonaldTrump/status/995680316458262533 The ban on doing trade with U.S. companies is supposed to last seven years. ZTE already paid a $1.2 billion in fine for that case. Recently, American delegations in visit in China were asked about this issue by Chinese officials, leading to Trump’s decision. ZTE currently employs 70,000 people, and earlier this month, it had to put on hold its main operations.