NETGEM (EPA:ALNTG) - ZTE and Netgem sign strategic partnership to address the European Fiber market

Transparency directive : regulatory news

13/03/2019 07:30

ZTE and Netgem sign strategic partnership to address the European Fiber market

Paris, March 12th, 2019,

Netgem Group announces today that it has signed a strategic partnership with
ZTE, a major international provider of telecommunications, enterprise and
consumer technology solutions for the Mobile Internet, to offer connected home
solutions to European fiber operators.

ZTE will provide its devices portfolio and innovation roadmap backed up with
its cost-effective production capability and a long-term financing facility.

Netgem will provide its software assets, content relationships and its 20-year
expertise in integrating local solutions for European TV multi-service
providers.

Through this partnership, Operators who are confronted with new opportunities
and challenges in their ultra-broadband transition, will benefit from ZTE and
Netgem's innovative solutions, as well as combined hardware, software and
services.

"We have consolidated a long-term alliance with Netgem, whose software platform
and content expertise on the European market will help ZTE address the
ultra-broadband market" said Fang Hui, Vice President and General Manager of
Fixed-Network and Multimedia Products at ZTE.

Joseph Haddad, CEO of Netgem Group, said: "we reinforce our Box business by
combining our expertise in content and data security with ZTE hardware roadmap,
thereby bringing a winning combination to the TV industry as the market
transitions to fiber".

Shareholder relations & press relations
Nicolas Castex
nicolas.castex@equitystories.fr
+33 (0) 6 09 58 07 72

Investor Relations
Charles-Henri Dutray
charles-henri.dutray@netgem.com

About ZTE

ZTE is a provider of advanced telecommunications systems, mobile devices, and
enterprise technology solutions to consumers, carriers, companies and public
sector customers. As part of ZTE's strategy, the company is committed to
providing customers with integrated end-to-end innovations to deliver
excellence and value as the telecommunications and information technology
sectors converge.
Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code:
0763.HK / A share stock code: 000063.SZ), ZTE's products and services are sold
to over 500 operators in more than 160 countries.
ZTE commits 10 percent of its annual revenue to research and development and
has leadership roles in international standard-setting organizations.
ZTE is committed to corporate social responsibility and is a member of the UN
Global Compact. For more information, please visit www.zte.com.cn.

About Netgem

Netgem Group is the pioneer of the connected home, with the invention of the
Box in 1996, and the co-creation of the independent operator of services for
the very high-speed and Fiber in France, under the brand VideoFutur. Millions
of homes around the world today use the Netgem Box, under brands of our
distribution partners, operators of telecommunications services and
entertainment.
Netgem is listed on Euronext Paris Compartment C (ISIN: FR0004154060, Reuters:
ETGM.PA, Bloomberg: NTG: FP).
For more information, please visit www.netgem.com.

NETGEM's latest news

30/04/2024 17:45

NETGEM (EPA:ALNTG) - ZTE and Netgem sign strategic partnership to address the European Fiber market

Transparency directive : regulatory news

NETGEM's latest news

Other stories