SHENZHEN, China - Saturday, June 8th 2013 [ME NewsWire]
(BUSINESS WIRE)-- ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, has won the Fixed Network Infrastructure Innovation award for First Live FTTP-XGPON (fibre to the premises 10G passive optic network) Customer Deployment at the GTB Innovation Awards 2013.
This is the second time that ZTE has won the GTB Fixed Network Infrastructure Innovation award following a win in 2011. This demonstrates ZTE’s commitment to R&D in the commercialisation of broadband access.
The broadband network jointly deployed by ZTE and BT is the industry’s first proof of concept trial of the XG-PON (also known as 10G-PON) broadband access service. The XG-PON technology increases user bandwidth to 330Mbps and reduces network delay by roughly 50 percent, achieving the fastest broadband rates in the world at present.
"The GTB Innovation Award is recognition by the industry of ZTE’s dedication to being the best business partner for operators,” said Xu Ziyang, Vice President, ZTE Corporation. "We will continue to leverage our innovation capabilities and leadership position in the broadband access space to help operators across the globe address both the challenges and opportunities of the broadband era.”
The ZTE/BT trial was a part of the pioneering Superfast Cornwall initiative carried out by the European Union, BT and Cornwall Council, which is rolling out faster broadband across Cornwall and the Isles of Scilly.
Ranulf Scarbrough, Superfast Cornwall programme director for BT, said: "This award demonstrates the pioneering nature of Superfast Cornwall. Not only is the partnership making a major contribution to the future success of Cornwall and the Isles of Scilly by rolling out high-speed broadband communications to hundreds of thousands of homes and businesses, it is also pushing the technical boundaries and showing what can be achieved with the technology.”
According to the Ovum report on FTTx, DSL, and CMTS (Units), ZTE achieved sustained growth in both optical access product shipments and revenues in 2012. Its PON OLT (optical line terminal) and ONT/ONU (optical network terminal / optical network unit) shipments are both market share leaders, accounting for 42 percent and 32 percent of the global market respectively.
BT is one of the world’s leading providers of communications services and solutions, serving customers in more than 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, BT Retail, BT Wholesale and Openreach.
In the year ended 31 March 2013, BT Group’s revenue was £18,017m with profit before taxation of £2,501m.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group., BT Group plc is listed on stock exchanges in London and New York., For more information, visit www.btplc.com
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
Margrete Ma, +86 755 26775207
Jamie Stevenson, +44 20 8392 4095