19 June 2014, Shanghai, China – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, maintained strong growth in the optical access market in the first quarter of 2014, according to data from industry consultant Ovum.
ZTE shipped 1.251 million lines of EPON (Ethernet Passive Optical Network) products in the first quarter, leading the global industry with a market share of 30.9%, according to Ovum’s report on the FTTx, DSL, and CMTS markets.
ZTE’s global shipments of GPON (Gigabit Passive Optical Network) products increased to 4.781 million lines in the half year from Q4 2013 to Q1 2014, 23.6% higher than the previous two quarters from Q2 to Q3 2013, making ZTE one of the fastest growing GPON vendors over the period, according to Ovum.
“The data from Ovum reflects the growing recognition of ZTE’s optical networking solutions by operators globally,” said Zhu Yongxing, General Manager of ZTE Fixed-Network Product Line. “Innovation has always been the driver for ZTE’s growth, and we will continue to develop innovative products to create increased value for customers.”
In the global market, shipments of GPON products in the half year from Q4 2013 to Q1 2014 were 18.305 million lines, rising 9.4% compared with the period from Q2 to Q3 2013, according to Ovum. Global EPON shipments in Q1 2014 were 4.048 million lines.
ZTE’s maintained strong growth in the global optical access market is built on the company’s strong technology and expertise in FTTx, enabling the company to win contracts from leading operators around the world. ZTE’s optical access products are used by more than 150 operators in over 100 countries, with a total of more than 150 million lines deployed to deliver superfast broadband access services to over 40 million households.
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