He stressed ZTE's investment in NETAŞ was a great development for the company as well as Turkey. "Turkey will benefit from this deal because they [ZTE] are looking to invest in the long-term, not just buy stocks," he added. Talking to a group of journalists, Altay stressed the importance of its partnership with ZTE. NETAŞ CEO, Müjdat Altay said, "ZTE really believes in Turkey. It is a very fast-growing company. Their stock values increased by 70-80 percent last year alone," and added, "They are one of the leaders in 5G technology.