(BUSINESS WIRE)-- ZTE Corporation (“ZTE”) (0763.Hong Kong /000063.Shenzhen), a leading global provider of telecommunications equipment, network solutions and mobile devices, today announced, that according to the latest market share report from Infonetics research, ZTE leads the worldwide market for major fixed broadband terminals.According to the report 2012-Infonetics-2Q12-Broadband CPE and Subscribers Market Forecast released by the research firm Infonetics in September, ZTE had the highest share of both overall sales and shipments, at 10.3% and 15.8% respectively, among major fixed broadband terminals vendors for the past rolling 4 quarters.
The report shows that over the period from H2 2011 to H1 2012, the worldwide overall sales of fixed broadband terminals rose 11% YoY to US$7.19 billion and the overall shipments increased 12% YoY to 175 million units.
“The rapid development of the Internet has gradually spread from enterprises and individuals to homes with technical innovations creating new demands and experiences for households,” said Zhu Yongxing, vice president of ZTE. “ZTE works closely with operators to provide products adapted for home users, including end-to-end service platforms, management platforms, bearer networks and home terminals. The products enable abundant applications and carrier-class QoS assurances, while offering a great user experience and minimizing the total cost of ownership and energy consumption of the solutions that are based on them.”
“Over the years, we have been customizing green, flexible and extensive home networking products to help our customers provide users with quality services including IPTV, high-definition video and high-speed Internet. This has allowed us to assist in operators’ transformation and also achieve our own growth,” added Mr. Yongxing.
As a leading fixed-network equipment supplier, ZTE has always maintained rapid growth in fixed broadband terminals and constantly won orders from top-tier operators. In China, Europe, the Middle East, Africa and Latin America, in particular, ZTE holds a large market share.
By Q3 2012, ZTE’s Broadband CPE had entered over 80 countries and regions, with overall shipments surpassing 90 million units and shipments to main European operators jumping more than 100% YoY. ZTE’s Broadband CPE has been deployed on a large scale in developed countries of Europe including 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. In 2011, ZTE’s revenue increased by 29 per cent to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating 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.
Contacts
ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
AxiCom
Maria Arbalova, +44 (0)20 8392 4058
Maria.arbalova@axicom.com
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