6 April 2011, Shenzhen – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, has announced that the company has surpassed 60 percent growth for its managed services in terms of contract value worldwide. Managed services have become one of the company's new growth areas, especially in the Europe markets whereZTE has seen growth of over 300 percent.
With its efficient and high-quality services, ZTE has made a number of breakthroughs in the European and American markets to lay a solid foundation for the future development of telecom services. For example, ZTE won a 6-year managed contract with H3G Austria in 2010 to provide a full portfolio of network operations and maintenance services to more than 4000 sites of H3G (including the O&M of the third party equipments). In Poland, ZTE will provide CDMA2000 1x/EV-DO network construction and managed services to the whole network to the largest Polish operator Polkometel, as well as its GoTa dedicated trunking Push-to-Talk (PTT) service.
Mr. Yang Jiaxiao, general manager of ZTE's service product line, said, "In 2010, ZTE's managed services portfolio grew rapidly, and we have signed managed services contracts with a number of operators in Europe and North America. ZTE will help network operators achieve efficient operations with comprehensive and high-quality services."
To date, ZTE's managed services are used in almost 70,000 sites and by 30 million users of 45 operators in more than 100 countries and regions all over the world, and with more than 20,000 kilometers of OFC (Optical Fiber Cable) O&M in use.
Since 2006, ZTE's strategy has focused on its transformation from an equipment vender to a leading software and services provider. In order to provide increasingly customized service solutions to global operators, ZTE will focus on managed services as well as cloud computing and Integrated Circuit in terms of strategic development and direction this year.
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