As Rodolfo "Jun" Lozada Jr., a key witness in the cancelled national broadband network project of the government, delivered an explosive testimony at the Senate NBN hearing last Friday, the public felt a renewed interest in the deal and those party to it, particularly ZTE Corp. of China.
Zhong Xing Telecommunication Equipment Co. Limited (ZTE), a global provider of telecom equipment and network solutions founded in 1985, bagged the controversial NBN deal.
Despite allegations of bribery and other under-the-table transactions, ZTE has repeatedly stressed that there was complete transparency in the proposal, evaluation and approval of its application for the Philippines’ NBN contract.
ZTE, in particular, cited its standing as a billion-dollar company which is the only publicly listed telecom manufacturer in the Hong Kong and Shenzhen Stock Exchanges. The company also said that it has a proven track record for turn-key projects such as the NBN.
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