Telecom Lead Europe : ZTE has signed a global frame agreement with Telenor to supply ZTE power systems for the operator's base stations. ZTE will provide nine Telenor business units in Norway, Sweden, Denmark, Hungary, Montenegro, Malaysia, Thailand, Pakistan and Bangladesh with DC power systems (rectifiers) through to the end of 2013. Telenor Group has 140 million mobile subscribers and mobile operations in 11 markets. It also has 31.7 percent stake in VimpelComwhich that operates in 19 additional markets. As the largest mobile service provider in Northern Europe with the fastest rate of subscriber growth in the world, Telenor Group began the centralized procurement of power systems last year, to obtain the best combination of price and performance for power solutions in different markets from long-term suppliers.