ZTE's OTN achieves triple growth milestones, earning global recognition

• ZTE's optical transmission products achieved the highest year-on-year revenue growth during the period from 3Q23 to 2Q24
• ZTE's 400G-capable market share also ranked first in both year-on-year and quarter-on-quarter growth

Shenzhen, China, 30 September 2024 - ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, achieved the fastest year-on-year revenue growth in optical transmission products from 3Q23 to 2Q24, along with the fastest  year-on-year and quarter-on-quarter growth in 400G-capable market share, according to the Optical Transport Quarterly Report - 2Q24 released by Dell'Oro Group, a leading independent market analysis and research firm. This fully demonstrates ZTE's leading technological capabilities in Tbit OTN and its high recognition from the global market.

The innovation in optical transmission technology has always been a focal point of competition in the telecommunications industry. ZTE's continuous investment and innovation in Tbit OTN technology have led to significant achievements in optical network construction. The 400G QPSK technology, 100T+ platform, OXC, C+L band and other cutting-edge technologies, employed in the Tbit OTN solution have enabled the new generation of backbone networks to quadruple their transmission bandwidth while maintaining the same transmission distance, with inter-hubs latency below 20ms. This significant breakthrough not only enhances data transmission efficiency but also reduces energy consumption per bit by 65%.  ZTE's Tbit OTN technology solution won the first prize in the ICT China (2024) Excellent Case Selection, organized by the China Association of Communication Enterprises.

In addition to its innovative breakthroughs in increasing speed while maintaining distance, ZTE is also committed to reducing operator costs and enhancing network efficiency. The industry's first low-power pluggable 800G OTN solution, launched in the second half of 2023, aids operators in building greener and more efficient network infrastructures. This solution achieved the world's first live network validation of a pluggable 800G OTN solution and set a transmission record of 2,000 km for terrestrial systems, further solidifying ZTE's leading position in the high-end optical transmission market.

Through relentless effort and technological innovation, ZTE has established itself as a global leader in high-speed optical transmission. The company's technical strength and market performance have garnered high praise from industry experts both domestically and internationally, providing robust support for advancements in the global telecommunications industry.

Moving forward, ZTE will maintain its focus on research and development in communication technology, driving the evolution of global optical transmission networks toward higher speeds, lower energy consumption, and broader coverage. The company aims to provide more efficient and reliable communication solutions to global operators.