ZTE gets government security clearance to provide gear to Vodafone Idea

The Indian government has allowed ZTE, a Chinese gear maker, to supply optical transmission equipment worth more than Rs 200 crore to Vodafone Idea (Vi) for a network upgrade project. 

The approval for Vodafone Idea's agreement with ZTE was given by the National Security Council Secretariat (NSCS) after Vi submitted the necessary documents clarifying that the project involves expanding and upgrading the existing network, rather than initiating a new contract. 

Both ZTE and its Chinese counterpart, Huawei, have also submitted additional documents to the NSCS to be recognized as a "trusted source," a prerequisite for supplying telecom network equipment under new contracts. Whereas these networks in various regions currently utilize equipment from Huawei, the expansion work will be exclusively carried out by ZTE.

Source: Media reports

Top stories
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read . 02 Aug 2024 . 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read . 02 Aug 2024 . 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read . 02 Aug 2024 . 12:36 PM

Related Blogs
blog-logo

Candlestick Patterns

blog-logo

11 mins read . 03 Oct 2024

Ascending Triangle Pattern - Definition, Tips, Component & How to Trade

  • 0 people read
blog-logo

IPO

blog-logo

5 mins read . 19 Sep 2024

Vision Infra Equipment Solutions Limited IPO

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions