ZTE Posts 13.8% Growth in Operating Revenue for Q1 2011
Sales revenue of ZTE terminal products increased by more than 50%
19 April 2011, Shenzhen ― ZTE today announced a 13.80% increase in operating revenue to RMB15,085 million (USD 2,300.81 million), for the quarter ended 31 March, 2011. In the same period, net profit attributable to shareholders of the parent company grew by 15.86% to RMB127 million (USD 19.37 million). Basic earnings per share were RMB0.05 (USD 0.01).
The group consolidated and enlarged its domestic market share during the reporting period by meeting the network construction requirements of carriers that were cautiously optimistic about network investments. ZTE stepped up efforts in R&D of new products and technologies and continued to explore new market opportunities. Internationally, the group had strong sales growth in Europe and the United States, and these markets continue to register stable growth in investment.
Revenue generated by carrier networks grew by 1.57% year-on-year, reflecting the increase in sales of wireless systems, wireline switches and access systems. Sales revenue from terminal products also grew by 51.04% year on year. This growth was primarily driven by sales of 3G, GSM, and CDMA handsets as well as data card products. There was a slight decline of 0.26% year on year in the sales revenue of telecommunications software systems, services and other products.
Looking forward, the group seeks to capitalize on opportunities by increasing broadband penetration and upgrades to wireless network equipment, and by encouraging demand for smart terminals in the global market.
ZTE Completes Industry's First CDMA2000 1X Advanced IOT Testing
21 April 2011, Shenzhen ― ZTE today announced that it has completed the industry’s first CDMA2000 1x Advanced IOT test in partnership with Qualcomm. This advances the commercial availability of CDMA2000 1X Advanced Technology. Among other benefits to users and operators, a CDMA2000 1x Advanced network will quadruple voice capacity while ensuring excellent HD voice quality..
The tests were successful and demonstrated that ZTE’s CDMA2000 1x Advanced equipment is fully compliant with industry standards and requirements. This follows ZTE’s breakthrough in November 2010, when it made the world’s first successful CDMA2000 1x Advanced call.
A series of comprehensive tests were performed to measure voice, data and SMS compatibility between the terminals of existing networks and 1X Advanced network and terminals. For new 1X Advanced features, the testing covered enhanced variable rate codec- narrowband-wideband (EVRC-NW) and wireless link advanced verification. Soft handover, hard handover and network co-existence were also tested.
CDMA2000 1x Advanced technology incorporates a range of technologies such as interference cancellation, mobile receive diversity and radio link enhancements (including smart blanking, efficient power control, frame early termination and quasi orthogonal function).
DiGi Appoints ZTE to Deploy LTE-Ready Network
Brand new network immediately enables increased capacity and quality of service
28 April 2011, Malaysia ― DiGi Telecommunications Sdn Bhd (DiGi) today announced the appointment of ZTE Corporation to build a unified mobile network that will provide DiGi with fully transformed 2G/3G/4G network from Q3 this year.
This brand new network will be immediately capable of delivering download speeds of up to 42Mbps using HSPA+ and thereafter up to 4 times faster when 4G/LTE spectrum becomes available. Network quality and efficiency will be greatly enhanced, enabling improved customer experience and strengthening DiGi’s competitiveness.
The partnership was formalized today at a signing ceremony witnessed by Najib Razak, prime minister of Malaysia and H.E. Wen Jiabao, premier of China.
ZTE's New HSPA+ Solution Delivers 50% Increase in Uplink Capacity
27 April 2011, Shenzhen ― ZTE today announced the launch of a new generation of dual-mode software defined radio (SDR) products. These products use HSUPA-based uplink interference cancellation technology to deliver unsurpassed uplink capacity. The new SDR product is designed to meet the requirements of a variety of scenarios, including indoor macro, outdoor macro, distributed, and outdoor micro base stations as well as radio controllers and unified-management systems.
The main benefit of this solution is that it allows operators to deploy high-capacity base stations and increase capacity without the need to change the hardware platform or upgrade devices. SDR products also offer GSM/UMTS dual-mode networking to provide a smooth evolution path to HSPA+. This solution is therefore future proof.
This technology also can be used to significantly increase the number of voice users and average cell throughput, with users benefiting in various radio conditions. The SDR product solution is expected to be commercially available later in 2011.
ZTE Selected as Telenor's New Main Value Added Service Supplier inthe Nordic Region
5 May 2011, Barcelona ― ZTE today announced contracts with Telenor Norway, Telenor Sweden and Telenor Denmark to replace and expand the platforms for voicemail, SMS, MMS, location based services and WAP GW.
ZTE will upgrade Telenor’s existing platforms to an integrated platform solution that enables services to share hardware and capacity resources. ZTE’s innovative Integrated Value Added Service (iVAS) solution minimizes CAPEX by dynamically allocating capacity. It reduces OPEX by decreasing power consumption and centralizing operations.
This agreement allows ZTE to introduce its infrastructure products to the home markets of Telenor. “We are proud of being awarded this contract because VAS is a strategic part of the operator’s network. Through our advanced iVAS solution, we aim to help Telenor launch new exciting services in a more efficient way for their customers,” said Kenneth Fredriksen, GM of ZTE’s Telenor business unit.
ZTE Unveils Next-Generation Home Network Solution
Revolution in the integration of multiple digital home applications
9 May 2011, Kuala Lumpur ― ZTE launched a groundbreaking next-generation home network solution at the Broadband World Forum Asia 2011 in Kuala Lumpur.
The solution is an industry first that separates the service and access sides of a traditional home gateway. It will revolutionize the integration of digital home applications.
With an inside Access, Service gateway, Interface and Application (ASIA) architecture, an outside Intelligent Pipe, Application, and Data center (IPAD) architecture, cloud media storage center, and wiring technologies such as G.hn, the solution provides better customized services. This will help mid- and high-end operators cut costs and boost profitability.
ZTE Wins the Most New Wireless Contracts in the Fourth Quarter of 2010
ZTE secures 60 new wireless contracts in 2010
10 May 2011, Shenzhen ― ZTE secured the most new wireless contracts in the fourth quarter of 2010, according to an industry report.
The latest EJL Wireless Research report “Global Base Station Contract Analysis, Fourth Quarter 2010” noted that ZTE had secured 48% of the total contracts awarded in the last quarter of 2010, placing it at number one in the market.
The ranking confirms the speedy growth in SDR base station shipments recently announced by ZTE. According to publicly released data, total shipments of ZTE’s SDR base stations exceeded 700,000 units in 2010, three times higher than the previous year. ZTE also won 60 new wireless SDR contracts in 2010, accounting for growth of almost 50% since 2009.
ZTE CPEs Achieve Highest Quarterly Growth Rate Industry-wide
ZTE CPE products now deployed by half of top 20 operators worldwide
9 May 2011, Kuala Lumpur ― ZTE announced at Broadband World Forum Asia 2011 that its quarterly growth in customer premises equipment (CPE) shipments in 2010 ranked first among major CPE vendors in the industry, according to latest research by Infonetics Research.
The Infonetics 4Q10 “Broadband CPE and Subscribers: PON, FTTH, Cable, and DSL” market forecast report—which tracks DSL, cable broadband, FTTH, and voice customer-premise equipment as well as residential gateways and broadband subscribers—shows that ZTE’s growth rate of 13.8% puts it ahead of other industry players worldwide. In addition, shipment data of ZTE shows that CPE products have been adopted by 10 of the Top 20 and 5 of the Top 10 operators worldwide.