13 May 2008, Shenzhen, China - ZTE Corporation ("ZTE"), a leading global provider of telecommunications equipment and network solutions, today announced its participation in the 8th Annual Asia-Pacific Billing & Revenue Assurance Conference in Singapore from May 12th – 15th 2008 to deliver a keynote on its latest ZSmart operations and business support solutions and share the latest BSS (Business Support Systems)/OSS (Operations Support Systems) technology with key industry players.
Now running on its seventh year, the Annual Asia-Pacific Billing & Revenue Assurance Conference has become the largest and most influential BSS/OSS event in Asia-Pacific. With a theme "We Do the Billing Smart', this year's conference aims at enhancing business relationships among global telecom operators in order to develop tailored-made BSS/OSS solutions.
On May 12, Mr. Yong Zhou, Director of Global Marketing, ZTEsoft, shared his insights on how OSS/BSS solutions are playing a significant role in the telecom industry, and discussed how ZTE's end-to-end convergent operations and business support solutions are helping operators provide time-to-market services while reducing investment costs, and hence obtaining true service convergence.
"With today's complex service offering environment, an efficient business operation support system is critical for operators in order to keep pace with the competition. A precise business operating procedure, together with the underlying support system that enhances the method is key in fulfilling the whole business model, " said Mr. Zhou. "Built on unified platform architecture, the ZSmart suite has rich business service components, including extended service function packages for different networks and services, which can be assembled flexibly to provide diversified solutions for different subscribers, various networks and telecom operators of different sizes."
ZTE has been successfully penetrating the European and Latin American markets through partnerships with leading local companies in those regions. Earlier this year, ZTE's subsidiary company ZTEsoft signed strategic partnership agreements with ATOS Origin, the second largest consulting company in Europe, and with Indra, the largest IT integrator in Spain. These alliances allow ZTE to collaborate with these companies in jointly managing market bids and implement projects, hence providing opportunity for ZTE's ZSmart series of software solutions to establish presence in European and Latin American markets.
It is anticipated that more than 40 billion US dollars will be invested by telecom operators in the BSS /OSS areas in the next three years. To take advantage of the burgeoning BSS/OSS market, ZTE has not only stepped up efforts to improve its products, but also proactively worked with enterprises in the industry chain to develop mutual technology compatibility and solid market foothold, which in the long run will result in positive and far-reaching effect on ZTE's growth in the future, especially in the international market.
ZTE's ZSmart BSS/OSS solutions have been deployed in more than 30 countries and regions serving more than 150 million end users, with a rapid growth rate over 50% annually.
Media Contact:
Margrete Ma
ZTE Corporation
Tel: +86 755 26775207
Email: ma.gaili@zte.com.cn