ZTE looking for M&A opportunities

Amid the M&A activity in the infrastructure business, China's ZTE made known that it is open to partnerships and acquisitions to strengthen its product offerings and become a tier-one supplier. ZTE has been blazing trails across the globe, aggressively bidding for both infrastructure and handset contracts. It wants to make a big push in the U.S. CDMA infrastructure market. Nortel, which already uses ZTE's push-to-talk product on an OEM basis, might make a good fit. Analysts keep saying it's crunch time for vendors like Nortel and Motorola, which are seeing potential suitors quickly shrink. ZTE, on the other hand, is one of the reasons why vendors are merging. Chinese vendors are creating a global competitive environment, and as operators like China Mobile expand internationally, they are coming along for the ride. And ZTE expects to see orders rise once the Chinese government hands out 3G operating licenses.

To read more about ZTE's desire to partner and merge:
- check out this article from TelecomDirect News

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