State firm in talks with Huawei, ZTE after govt writes off Rs 2,820 cr in losses
Indian Telephone Industries (ITI) Ltd, the state-owned telecom equipment manufacturer, is talking to foreign firms such as Huawei and ZTE for joint ventures in manufacturing advanced telecom equipment, sources said.
The loss-making public sector unit will float a tender inviting quotations from telecom equipment manufacturers within a month.
ITI is seeking partnerships in three new product categories —Wireless Interoperability for Microwave Access (WiMAX) equipment, optical transmission and switching equipment, and IP core network systems.