ZTE Corporation is a China-based manufacturer and supplier of telecommunications equipment. The Company operates its businesses through three segments: operator network, terminals, as well as telecommunications software, services and other products. The operator network segment primarily provides wireless communications systems, optical and data communications equipment, as well as cable switch and access equipment, among others. The terminals segment is involved in the production and distribution of mobile phones and data cards. Its telecommunications software, services and other products segment mainly provides operation support systems and chargeable services. The Company operates its businesses in domestic markets and to overseas markets, including the rest of Asia, Africa, Europe, the Americas and Oceania. On October 21, 2011, it transferred a 51% stake in Congo Chine Telecom S.A.R.L.