Telecommunication News
- ZTE in tie-up with MCorpGlobal
Date: 23-Nov-2006 Sources: (Shenzhen Daily)
ZTE Corp., which lists shares in Shenzhen and Hong Kong, has tied up with privately owned MCorpGlobal, a unit of the BK Modi group, to set up a firm that will import, distribute and sell telecom equipment and provide other telecom-related services in India, the Economic Times reported yesterday, quoting an executive from the Indian company.
The agreement will initially be for three years, the report said, citing B.K. Modi, chairman of MCorpGlobal and the BK Modi group.
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