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Wednesday, February 9, 2011
ZTE Recognized for Industry Best Practices As Frost & Sullivan’s SDR Equipment Vendor of the Year
SHENZHEN, China - Wednesday, February 9th 2011 [ME NewsWire]
Total shipment exceeded 700,000 units
(BUSINESS WIRE)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, announced that the company was awarded the Best Practice Award for being Frost & Sullivan’s ”2010 SDR Equipment Vendor of the Year” in recognition of ZTE’s outstanding contribution to the development of Software Defined Radio (SDR) technology and the wireless communications industry.
As of the end of 2010, the total shipment of ZTE SDR base-stations tripled from the previous year to exceed 700,000 units, 200% increase than that of 2009. ZTE is the world’s first company to introduce the SDR base-station platform and also the first one to realize its commercial application. It is able to support multiple wireless access modes on a single hardware platform including GSM, UMTS, CDMA2000, TD-SCDMA, FDD LTE, WiMAX and TDD LTE.
In recent years, ZTE has achieved comprehensive breakthroughs in the wireless communications market across the world by leveraging the cutting-edge capabilities of this new platform. In Europe, ZTE has ensured the mass delivery of SDR base-stations for KPN, Telenor, Telefonica, Optimus and H3G. In China, ZTE is ranked No.1 in terms of the newly added market share of UMTS and second in terms of total market share.
Meanwhile, ZTE continues to be ranked No.1 in the world when it comes to the shipment of CDMA products. Its WiMAX products have been adopted by mainstream operators such as KDDI, Clearwire, and Telefonica. ZTE’s LTE products have also won commercial application contracts and 65 test network contracts in 12 countries.
ZTE’s SDR base-station is now deployed in the German market and is used by more than 60 operators in over 40 countries including Belgium, Spain, Portugal, Poland, Turkey, Japan, Russia, Canada and the US.
The SDR vendor ranking is maintained by consulting firm Frost & Sullivan, which has over 35 offices in six continents, providing marketing and strategic consulting services for global 1000 companies, startups and investment organizations.
About ZTE
ZTE is a leading global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every sector of the wireline, wireless, service and terminals markets. 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 achieving continued revenue growth. ZTE’s 2009 revenue led the industry with a 36% increase to USD 8,820.7 million. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact. ZTE is China’s only listed telecom manufacturer, 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
Edelman PR
Jowie Law / Andres Vejarano
+852 2837 4747 / 2837 4735
jowie.law@edelman.com
res.vejarano@edelman.com
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