30 November 2012, Shenzhen, China – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment and network solutions, today announced it has been named Broadband Vendor of the Year at Telecom Asia Readers’ Choice Awards 2012 in Malaysia.
The award is the third Readers’ Choice win for ZTE. Its first two were for Broadband Vendor of the Year in 2010 and the Broadband Innovation of the Year in 2011.
Telecom Asia is the top telecoms publication in the region. The nominations for this year’s awards were submitted by more than 50 analysts, consultants and telecommunications executives, and the final winners were selected through online voting by service providers.
Zhang Jianguo, ZTE Vice President and CTO for the Asia-Pacific and CIS regions, said, “ZTE is honored to be recognized by industry colleagues and telecoms carriers. We will work to stay at the forefront of technology and lead the market.”
According to a report by research firm Gartner, ZTE was the fastest-growing fixed-network equipment vendor globally over the past 3 years with a 47 per cent compound annual growth rate. Further, ZTE ranks No.1 worldwide in market share of xPON and fixed-line home terminals. The company is second in global market share in the MSAN and DSL segments.
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