India becomes the 2nd largest market of ZTE handsets
15 November 2007, India - ZTE Corporation ("ZTE"), a leading global provider of telecommunications equipment and network solutions, today announced that it has achieved another company milestone by delivering a record 10 million handsets in India.
"ZTE has successfully penetrated and taken advantage of the enormous business opportunities in India, the fastest growing telecom market in the world today, " says He Shiyou, Senior Vice President of ZTE Corporation. "ZTE has been significantly investing in handset R&D for almost a decade now. Today, ZTE handset is one of the few with the capability of researching and developing all series of terminal products like 3G, GSM, CDMA, PHS, FWT, wireless data card, etc."
ZTE's diversified business strategy focusing on integrating IP-based mobility and broadband has positioned the company as a leading handset manufacturer and supplier globally. In India, the company has also forged solid collaborations with several prominent telecom service providers including Reliance Communications, Tata Teleservices, Bharti Airtel, supplying them with terminals and handsets of various levels.
ZTE's achievement in handset market in India follows the momentum from its leading position in the China market as a result of its pioneering technology from R&D and patent applications. According to China's CCID Consulting firm, ZTE ranks first among companies with the most number of handset patents in China. In the first half of 2007, ZTE also tops the ranking among the Chinese manufacturers and is in 5th position in the world with sales volume of 15 million units.
To date, ZTE has sold 60 million handsets in over 70 countries and regions. It is one of the mainstream suppliers of many leading and large global telecom operators including Vodafone, Hutchison, Telefonica.
Media Contact:Margrete MaZTE CorporationTel: +86 755 26775207Email: ma.gaili@zte.com.c
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