SHENZHEN, China - Wednesday, April 10th 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, today announced that it has been ranked No.1 for both FTTH CPE revenues and shipments for 2012 by telecommunications market research firm Infonetics.
According to an Q4 2012 Infonetics market share and forecast report entitled, "Broadband CPE and Subscribers: PON, FTTH, Cable, and DSL,” ZTE ranked No.1 for both FTTH CPE revenue and shipments in the past year, with a global share of 19.8 per cent and 30.9 per cent, respectively. ZTE also shipped more than 100 million broadband CPE devices by the end of 2012, the achievement cements ZTE’s place as a global leader in fixed network operations and large-scale FTTH applications.
Broadband proliferation and rapid Internet development has led to a surge in user demand in recent years. ZTE is dedicated to cooperation with operators to provide home users with end-to-end service platforms, management platforms, access networks and home terminals. The company’s products offer carrier-class QoS assurance, decrease TCO, reduce energy consumption and ensure superior user experiences.
"Our top ranking in this category is affirmation of our hard work providing customizable solutions and home networking products over the years,” said ZTE Fixed Network Product Line General Manager Mr. Zhu Yongxing, "We take pride helping operators transform networks.”
To date, ZTE’s broadband CPE devices have been deployed in more than 80 countries and regions, with shipments to major European operators growing more than 100 per cent year-on-year. This includes large deployments in China, France, Germany, the Netherlands and Spain.
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
Diana Pong / Andres Vejarano
+852 2837 4734 / 2837 4735