ZTE to Renew Bids for U.S. Contracts After Blocked Sprint Deal

To tap into growth opportunities in the U.S., China's second-biggest maker of phone-network equipment has invested in fourth-generation wireless technology equipment

(Bloomberg) ZTE Corp., China's second-biggest maker of phone-network equipment, will renew attempts to bid for U.S. contracts after it said opposition from the government foiled the signing of a previous deal with Sprint Nextel Corp.

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