HONG KONG Feb 16 ZTE (0763.HK), China's No. 2 telecoms equipment maker, will take part in the bid for bankrupt Nortel Network's 4G network technology, a senior executive said on Wednesday.
"Everyone is preparing for it now," intellectual property director Wang Haibo said in an interview. "There are some patents that we want, although not too many, but we will be looking to bid for some that include LTE."
LTE, or long term evolution, is the path being chosen by most telecoms carriers to upgrade existing 3G data networks.
(Reporting by Huang Yuntao; Editing by Dan Lalor)
((firstname.lastname@example.org; +852 2843 6345; Reuters Messaging: email@example.com))
((If you have a query or comment on this story, send an email to firstname.lastname@example.org)) Keywords: ZTE/
(C) Reuters 2011. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.