ZTE Passes 100 Million Unit Milestone in Broadband CPE Shipments

Tue Apr 9, 2013 11:34pm EDT

* Reuters is not responsible for the content in this press release.

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130410:nBw096885a

SHENZHEN, China--(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. 

About ZTE

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.

ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
or
Edelman PR
Diana Pong / Andres Vejarano
+852 2837 4734 / 2837 4735
diana.pong@edelman.com
andres.vejarano@edelman.com

Copyright Business Wire 2013

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.