12 October 2015, Varanasi , India -€“ ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, is pleased to help Tikona Digital Networks launch 4G Home Broadband Services in entire Varanasi city , giving users access to the highest-performance home broadband services.

ZTE was selected as exclusive supplier to supply the end-to-end TD-LTE equipment in all their 5 circles for building its high speed broadband network. Under the contract with ZTE, Tikona's LTE network covers Varanasi and selective cities in all other 4 circles, it has deployed ZTE's state-of-the-art core and radio platforms.

Tikona has invested up to Rs 20 crores in Varanasi for rolling out 4G Home Broadband Services. In Varanasi, the company has built capacities to cater to more 50,000 broadband homes in the city.

Tikona has already made investments to the tune of Rs 1,500 crores for securing 20 MHz liberalized spectrum in the 2300 MHz band during the auctions concluded in 2010 and is planning to invest almost an equal amount to roll out 4G home Broadband services across more than 1,000 towns in the five circles of Uttar Pradesh (East), Uttar Pradesh (West), Gujarat, Rajasthan and Himachal Pradesh.

Prakash Bajpai, Founder, MD and CEO of Tikona , said "Varanasi is the first city where 4G services has been launched and plans are to launch 4G network in other cities and circles soon. We are hopeful that subscribers in Varanasi will get to experience world class home broadband services which they can use conveniently for various reasons"€.

As one of the world'€™s top providers of LTE solutions, by the end of June, ZTE has concluded 185 4G LTE/EPC commercial contracts globally, partnering with the world'€™s biggest operators including Bharti Airtel, China Mobile, China Telecom, Hutchison, Softbank, Telenor, TeliaSonera, Vodafone, VimpelCom, MTN and Telefonica.