16 June 2011, Shenzhen – 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 that the company has been awarded “IPTV Vendor of the Year” for the third consecutive year, by leading global research firm Frost and Sullivan at the 2011 ITC Awards. ZTE was also named “Optical Vendor of the Year” in recognition of the Company’s significant contribution to the field. ZTE has significant influence in the Asian, South American and Middle East optical transmission and IPTV markets.
Jayesh Easwaramony, Vice President of Frost and Sullivan Asia Pacific ICT Practice commented that ZTE was the only vendor in the optical network market to grow its revenues in APAC. Despite stiff competition, ZTE added significant wins in tier 1 operators and also diversified its business outside of China. Its product enhancements in PTN and OTN for self-cooling and additional capacity have improved the operational efficiency of the solution thus improving ZTE’s value proposition to the operators.
In the IPTV market, according to a Frost and Sullivan research report, ZTE ranks first in Asia and China by the number of users, with a market share of 11%, and third in the global IPTV middleware market. ZTE is utilizing its operational experience and strong project execution to create fascinating multimedia and digital-life experiences for a continually expanding customer-base. This Excellent performance of ZTE in ON and IPTV has gone beyond APAC.
According to OVUM’s latest report “Market Share: 4Q10 and 2010 Global ON”, ZTE has increased its global market share, from 5.8% in 2009 to 9.2% in 2010 for optical networking (ON) equipment and solutions. The sharp share increase of 3.4% in 2010 was the fastest increase in the industry. The report also stated that ZTE increased its global ranking from fifth to third in 2010. ZTE’s position among the top three global ON vendors can be attributed to its diverse product solutions being deployed both in China and in other overseas markets. In China, ZTE PTN products gained in large-scale sales and performed well in terms of 40G deployment. Abroad, ZTE ON products won large-scale commercial WDM (wavelength-division multiplexing) contracts across EMEA, Asia Pacific and South and Central America (SCA), significantly improving ZTE’s market standing in Brazil following a significant sales boost.
In the global market, ZTE offers total IPTV solutions, leading the industry in the fields of digital community, multi-screen convergence, OTT and multimedia cloud computing. ZTE IPTV solutions have recently demonstrated excellent performance in North America and Europe, with continued leadership in Asia and Russia. In Indonesia, ZTE has helped PT. TELKOM to launch their recently launch IPTV service. To date, ZTE has successfully deployed 33 commercial IPTV cases worldwide, built more than 9 million lines of system capacity and served more than 5 million online users.
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ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while achieving continued revenue growth. ZTE’s 2010 revenue led the industry with a 21% increase to USD10.609 billion. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact. ZTE is China’s only listed telecom manufacturer, publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.