ZTE and broadband specialist partner Gigaclear Limited delivers Next Generation Internet access to selected communities across the UK
25, October 2011, London – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment and network solutions, has signed a Frame Agreement with Gigaclear Limited, a privately owned company dedicated to building and operating ultrafast broadband networks with fibre technology, to deliver hi-speed broadband to selected rural communities in the UK.
This partnership sees ZTE provide Gigaclear with the core network equipment necessary to deliver next generation broadband access via point-to-point fibre, offering homes and businesses in rural communities up to 1Gbps high-speed broadband internet connections.
“Our focus is to target areas overlooked by many traditional internet service providers, areas where there is demand for secure, high quality internet connections,” said Matthew Hare, CEO, Gigaclear. “ZTE has provided us with the necessary equipment to offer the same high-speed broadband internet connections typically found in city centres.”
“Partnering with Gigaclear enables ZTE to fulfill its commitment to delivering advanced internet access and an enhanced user experience across the UK,” said Jim Jing Hui, MD, ZTE UK. “By leveraging Gigaclear’s deep understanding and best practice of delivering fibre-to-the-home, ZTE and Gigaclear has begun rolling out fast, cost-efficient and high-quality networks to rural communities.”
ZTE and Gigaclear’s partnership is delivering Ultra-fast rural broadband ahead of government policies and funding (yet to be released) designed to deliver universal 10 Mbps Broadband by 2015.
Matthew Hare goes on to say “This partnership is a milestone in Gigaclear’s long term strategy. Partnering with a world-leading vendor delivering Carrier Class network infrastructure enables Gigaclear to deliver faster, high quality connectivity throughout the UK and deep in to rural communities.”
ZTE will provide Gigaclear with M6000 Series carrier-grade core routers; ZXONE8300 and M721 core and metro DWDM/OTN equipement; ZXR10 8900 Series terabit MPLS switches; and its NetNumen U31 network management system. This equipment enables Gigaclear to deliver fibre-to-the-home (FTTH), boosting data speeds and avoiding the capacity limitations traditionally experienced by fibre-to-the-curb (FTTC) and cable (DOCSIS) deployments.
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while achieving continued revenue growth. ZTE’s 2010 revenue led the industry with a 21% increase to USD10.609 billion. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact. ZTE is China’s only listed telecom manufacturer, publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ).
About Gigaclear Limited
Gigaclear is a privately owned telecommunications operator founded in December 2010 by Matthew Hare, Keith Gibson, and Christer Karlsson. With expertise in building networks across Europe Gigaclear is dedicated to building and operating Ultrafast broadband networks based on fibre technology throughout the UK. In May 2011 Gigaclear took a majority stake in local access pioneer Rutland Telecom.