ZTE Joins Avanci Alliance to Accelerate IoT Connectivity and Industry Growth

| September 29, 2016

ZTE Joins Avanci Alliance to Accelerate IoT Connectivity and Industry Growth
ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced, together with several industry-leading technology innovators that they have joined Avanci, the industry’s first platform for licensing patented wireless technology to the Internet of Things (IoT).   The Avanci marketplace allows for faster time to market for IoT companies and will drive the adoption of connectivity around the globe. Avanci offers IoT companies “one-stop” licensing: a single license to standard-essential patents from the joining patent holders on fair, reasonable, and non-discriminatory (FRAND) terms. Using the Avanci marketplace, IoT companies don’t have to sign a licensing agreement with each patent holder one by one, reducing their internal cost and avoiding potential overlapped licensing. Avanci will focus initial licensing efforts on 2G, 3G and 4G cellular technologies for connected cars and smart meters with plans to quickly expand to other IoT product areas.

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