ZTE Corp (0763.HK, 000063.SZ) and domestic telecom equipment provider Putian Group (Potevio) have agreed to partner on products and services for China's homegrown TD-SCDMA 3G standard and TD-LTE 4G standards, operated by China Mobile (NYSE:CHL, 0941.HK), 163.com reported May 21. The two companies will establish a joint venture and cooperate on research and development as well as production and services, said the report.
December reports said ZTE, alongside other manufacturers, was preparing to start 4G equipment testing.