ZTE Rose 2% to Indonesian orders show UMTS development fast

ZTE shares, which were built this morning, have risen 1.69% to HK $27 and sold 178,000 shares, or are inspired by orders from Indonesia's largest operator.　　The company announced that it had signed a GSM/UMTS construction contract with Telkomsel, Indonesia's largest operator, as its main supplier, but did not disclose details of the contract's amount and delivery date. Data show that Telkomsel is the SingTel (Asia Pacific Market, the second largest operator, after China Mobile) and the Indonesian Telkom joint holding operator, in the Indonesian mobile market share of more than 50%; This is the first time ZTE Wireless products to achieve with SingTel joint venture company's large-scale cooperation.　　Telkomsel plans to increase the number of 3G networks in 147 new cities in 2010 and launch high-speed data services. Since the end of 2008, ZTE has won the Hong Kong CSL and China Unicom UMTS construction project, has recently been Turkey's third-largest operator Avea, Vietnam's largest operator Viettel, Indonesia's largest operator Telkomsel and other important contracts, These countries are among the top 20 of the world's largest population.　　Shows its rapid development on UMTS. ZTE shares (000063-CN) are now down 1.88% to 27.09 yuan.