SHENZHEN, China - Tuesday, February 25th 2014 [ME NewsWire]
Mobile World Congress 2014
(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 Innovative Solution and the Fastest Market Development awards from the Global TD-LTE Initiative (GTI) in Barcelona, Spain.
The GTI awards recognise the successful deployment of ZTE’s Cloud Radio Solution in Chinese TD-LTE commercial networks and ZTE’s leading position in the global TD-LTE market. The two awards highlight ZTE's capabilities in sustainable innovation and its contributions to the booming global TD-LTE market.
Commercial 4G networks are being formally launched in China, and ZTE has successfully deployed its Cloud Radio Solution in China Mobile’s existing 4G networks. Cloud Radio is a generic term for IP-based cross-station collaboration solutions, which effectively improve the average capacity of existing 4G networks and offer the best user experience.
Through continuous research and tests, ZTE discovered that the industry and 3GPP had underestimated the gain produced by inter-station collaboration and had not addressed potential delays. Based on the above two concerns, ZTE has developed the necessary corrections to make its Cloud Radio Solution as effective as possible. The results show that the ZTE Cloud Radio Solution not only offers a higher transmission rate in edge areas but also greatly improves the transmission rate in central areas. This thoroughly eliminates the industry's concern on the Coordination of Multi Point (CoMP) aspect of Cloud Radio.
ZTE has already deployed its Cloud Radio Solution over existing 4G networks in cities including Guangzhou, Tianjin, Quanzhou, Dalian and Hong Kong. The solution will help operators effectively improve their network capacity and user experience without making any additional hardware investments.
"ZTE has kept on offering operators networks that can cost-effectively evolve to future technology generations, and cooperated with wireless network operators to offer users the best 4G experience," said Dr. Zhao Xianming, ZTE EVP, CTO. "These Innovative Solution and Fastest Market Development awards show the industry's recognition of ZTE's innovative abilities in the TD-LTE field and the contributions that ZTE has made for the fast advancement of the entire industry chain. ZTE will keep on making strategic investments on innovation to strengthen its leading position in the TD-LTE field."
ZTE has constructed TD-LTE pilot and commercial networks for 66 operators in 44 countries across Europe, CIS, Asia-Pacific and America, including 35 TD-LTE commercial contracts. ZTE has become the fastest growing provider of 4G networks, with contracts in 70 percent of the countries that have launched TD-LTE networks, with operators including Bharti, China Mobile, China Telecom, Hutchison, Telenor, TeliaSonera and VimpelCom.
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 160 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
William de la Bedoyere, +44 (0)20 8392 8074