China's ZTE bags $700 mn order from Reliance

China telecom equipment provider ZTE Corp has signed deals to supply $700 million in telecommunications hardware to Indian conglomerate Reliance Industries, Chinese media reported on Tuesday.

By Agencies | Nov 28, 2006, 10.40 AM IST

BEIJING: China telecom equipment provider ZTE Corp has signed deals to supply $700 million in telecommunications hardware to Indian conglomerate Reliance Industries, Chinese media reported on Tuesday.

Combined, the deals are believed to be the largest overseas order ever for a Chinese telecommunications firm, the Beijing News reported.

They include equipment for more than 4,300 base stations and 2.5 million handsets, the paper said. ZTE is China's largest listed telecommunications equipment company.

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