India becomes the 2nd largest market of ZTE Products after China
12th December 2007, New Delhi, India - ZTE Corporation , a leading global provider of telecommunications equipment and network solutions, has announced that it is aiming to achieve US $ 1 Billion revenue in 2008 in India. ZTE also claims that India is the most strategic market destination for them outside China. It plans to further recruit more than 500 engineers in 2008. ZTE India has also revealed its Contract revenue for the year 2007 has already crossed $800 million. India has become the 2nd largest market for ZTE for a all products after China.
ZTE, a Principal sponsor and a participant at the INDIA TELECOM 2007 to be held on 12-15 December 2007 at Pragati Maidan Exhibition Center, New Delhi, India, will showcase its full range products and solutions under the theme of "Talking to the future”. During the show, one can witness company's latest technology achievements including wireless network solutions, GSM/UMTS/CDMA2000, WiMAX, Mobile Core Network/IMS), F3G Network Solutions (Broadband Access, IPTV, Anyservice, F3G, etc.), Transmission System and Power Supply System.
In addition to telecoms infrastructure solutions, ZTE will showcase its full range of mobile phones and data cards, including the latest 3G handsets, UMTS/CDMA/GSM handset and fixed wireless terminal.
Huang Dabin, CEO, ZTE India explained that "The company has been showing consistent and powerful performance of late. It has also become the market leader and one of the key players in the CDMA and NGN technology in India. The company is also eager to showcase its range of products and solutions in 3G and Wi-Max and is hopeful of becoming one of the market leaders. "
According to the research firm Informa, ZTE has been placed amongst the top 6 cell phone vendors globally. Another milestone which the company achieved in November was delivering a record 10 million handsets in India. 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.
Media Contacts:
Rohit Singh
Manager - PR
ZTE Telecom India Pvt. Ltd.
Tel: +91 9818880540
Email: rohit.singh@zte.com.cn
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