PCS Wireless and ZTE Ink Distribution Agreement

FLORHAM PARK, N.J., Jan. 11, 2012 /PRNewswire/ -- PCS Wireless LLC ("PCS"), a global leader in open market distribution, announced today that it has entered into a distribution agreement with ZTE USA, Inc. ("ZTE"). Under the terms of the agreement, PCS will stock and distribute a range of ZTE's devices targeted towards United States and Canadian carrier customers.

The agreement will provide a reliable supply and selection of innovative phones manufactured by ZTE for regional carrier partners of PCS Wireless. The selection will range from feature phones to Android Smartphones compatible with both CDMA and GSM bands. This will allow carriers to offer their customers a greater variety of phones from a dependable supply chain, in turn increasing their competitiveness in the marketplace.

"This agreement with ZTE begins a new chapter for PCS by expanding our open market distribution activities into regional carriers," stated Ben Nash, CEO, PCS Wireless. "Outside of a select number of carriers, access to customized devices for regional carriers has been very fragmented. ZTE's innovative portfolio of devices combined with our value-added services offers regional carriers a solution from proven industry leaders."

Carriers will also be able to work with PCS Wireless and ZTE to develop mobile phones customized to their own markets and with their own brand identity, from custom flash screens to retail packaging.   In alignment with PCS Wireless's asset recovery solutions the carriers will also have an end-to-end product life cycle solution. 

"We look forward to our partnership with PCS Wireless as they are strategic to our continued growth and channel development in North America.  ZTE is one of the fastest growing mobile phone manufactures worldwide, currently ranked 4th, and partnering with PCS Wireless, a leader in open market distribution, is a move in the right direction to continue and grow the success for ZTE USA, PCS Wireless and their carrier partners," stated Jon Parrette, Senior Vice President, ZTE USA.

About PCS Wireless

PCS Wireless LLC is a leading expert in sourcing, refurbishing and selling mobile products internationally on the open market. PCS provides services specializing in asset recovery and strategic distribution of mobile products to over 5,000 global customers. PCS serves manufacturers, carriers and retail partners through channel specific and global open markets for current, end of life ("EOL"), overstocked and returned mobile merchandise. The company provides a host of additional services including device configuration, custom kitting, software programming, inventory management and logistics. The Florham Park, NJ-based company operates an 85,000-sq. ft. warehouse and employs approximately 250 people.   More information can be found at www.pcsww.com

About ZTE USA

ZTE USA is a subsidiary of ZTE Corporation (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions. ZTE USA is dedicated to making quality communications technology accessible to all. The company draws on 25 years of experience and research investment to deliver smart, affordable, quality choices for infrastructure and mobile data device customers nationwide. For more information, visit www.zteusa.com.

About ZTE

ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while achieving continued revenue growth. ZTE's 2010 revenue led the industry with a 21% increase to USD10.609 billion. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact. ZTE is China's only listed telecom manufacturer, publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.

SOURCE PCS Wireless