SHENZHEN, China - Monday, March 2nd 2015 [ME NewsWire]
(BUSINESS WIRE) -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that its wireless division witnessed a year-on-year sales growth of 20 percent in 2014, seeing remarkable achievements in landscape, size, and market share.
In 2014, ZTE continued to grow steadily in the global 4G market, making breakthroughs in major countries and with high-end operators. Compared with 2013, ZTE's 4G eNodeB shipments doubled in 2014, accounting for more than 25 percent of the global market share. The sales of 4G core network products achieved a year-on-year growth of nearly 200 percent in the European market, making ZTE the world's fastest-growing supplier of 4G products.
By the end of December 2014, ZTE's wireless sector had signed more than 170 LTE/evolved packet core (EPC) commercial contracts worldwide, and entered 70 percent of the countries that have invested in 4G networks. With innovative solutions and high-quality networks, ZTE has become a leader in improving wireless network performance, saving network construction and maintenance costs for customers and improving customers' profitability. ZTE ranked first among the five manufacturers in the overall evaluation of commercial 4G networks by China Telecom in 2014. In addition, ZTE was highly praised in many third-party tests in Germany, Belgium, Hong Kong, South Africa, Nigeria, and other places.
In 2014, ZTE's full range of LTE eNodeBs, including distributed eNodeBs, indoor and outdoor macro eNodeBs and small cells, were widely used, meeting operators' requirements for network deployment in different scenarios. In 2014, ZTE launched the world's first 365 Mbps compact ultra-broadband RRU product, which is the most highly integrated device and provides more flexible multi-radio access technology (RAT) networking solutions. ZTE has put a baseband unit (BBU) product with the smallest size and largest capacity into large-scale commercial use. This product supports 2G/3G/4G RATs, matches the processing capacity of commercial networks, and meets operators' requirements for multi-RAT deployment.
ZTE's pioneering Qcell solution for intensive indoor coverage, which is applicable to active distributed indoor coverage of complicated buildings and integrates multiple RATs and frequencies, is also highly-rated by customers. ZTE launched the Cloud UniCore solution based on network function virtualization (NFV) and software-defined network (SDN) technologies for the convergence of IT and CT, which offers industry-leading cloud-based and virtualized wireless networks to meet the future development trends of wireless networks and user demands.
In 2014, ZTE continued its strategic efforts in 5G technologies and became a pioneer in the 5G field. In June 2014, ZTE first proposed its innovative pre-5G ideas and technology roadmaps, providing 5G-like ultra-high service experience by applying 5G technologies to existing 4G networks. ZTE has made outstanding progress in commercial use of pre-5G, and ZTE's original massive multiple-input multiple-output (MIMO), ultra-dense networks (UDN), and multi-user shared access (MUSA) have entered the commercial validation phase. In November 2014, ZTE completed a pre-commercial field test of the world's first Massive MIMO base station.
ZTE will continue its efforts in the wireless market, and implement its M-ICT strategy in mobile internet, SDN, voice over LTE (VoLTE), traffic management, big data, and other fields, to enhance independent innovation capabilities and launch innovative solutions.
ZTE is a provider of advanced telecommunications systems, mobile devices, and enterprise technology solutions to consumers, carriers, companies and public sector customers. As part of ZTE’s M-ICT strategy, the company is committed to provide customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE’s products and services are sold to over 500 operators in more than 160 countries. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in international standard-setting organizations. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. For more information, please visit www.zte.com.cn.
+86 755 26775207
+44(0)20 8392 8071