XcelMobility, a developer of high-speed Web browsing solutions and related performance enhancing products for mobile devices, today announced the progress of its negotiations with telecommunications company ZTE Corp. regarding an exclusive agreement to introduce Xcel’s flagship Mach 5 Xcelerator to the growing mobility market in Indonesia.
The company says the current plan is to create a rapid entry into the market and to boost marketing efforts as quickly as possible by proposing an initial product run of an estimated minimum order of at least 100,000 USB mobility devices.
ZTE is a global provider and original equipment manufacturer (OEM) of telecommunications equipment and network solutions. The company’s customer base includes more than 500 operators in more than 140 countries around the world.
Today’s announcement marks Xcel’s second supply contract with ZTE. The two companies previously executed an agreement to manufacture the Mach 5 devices for China Unicom, the third-largest mobile provider in the world.
“This is a significant endorsement for Xcelmobility. The success of the first contract with ZTE has paved the way for this opportunity and hopefully many others. We hope to conclude an exclusive agreement with ZTE for offering USB modems in Indonesia within the next 30 days,” Xcel CEO Ryan Ge stated in the press release.
For more information visit www.xcelmobility.com
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