[February 10, 2010] ZTE Corporation: ZTE Joins World's Top Three GSM Vendors Tweet Shenzhen, China, Feb 10, 2010 (M2 PRESSWIRE via COMTEX) -- ZTE Corporation ("ZTE" - H share stock code: 00763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and networking has announced that its global GSM sales continued to grow strongly in 2009, with the shipment of over 750,000 carrier frequencies in the past year. The company's share of the global new equipment GSM market rose to almost 20%, making ZTE one of the top three equipment vendors in the industry. In 2009, ZTE successfully sold its GSM products to world-class multinational operators such as Telenor, Teliasonera and Cell C, making large-scale advances in European and emerging markets. Recently, research conducted by Frost & Sullivan shows that GSM continues to drive mobile subscription' growth in major markets. Global GSM accounts for 83.5 percent of global mobile subscribers and this major proportion has been consistent for a number of years. Up to 2009, there were over 3.93 billion GSM/WCDMA/HSPA subscribers worldwide. From 2004 to 2009, ZTE's GSM product sales maintained growth of over 100% each year, the fastest growth in the industry. ZTE's GSM markets are mainly distributed in over 70 countries and regions including mainland China, Hong Kong of China, South Africa, Russia, India, Indonesia and Algeria. In 2008, ZTE was the first to introduce the SDR series of GU dual-mode base stations, which support both GSM and multiple mobile technologies. With advanced design, high performance and an outstanding price/performance ratio, this base station series achieves seamless integration with existing networks and enables smooth evolution to future technologies. In June 2009, ZTE's SDR base station won the prestigious Global Telecoms Business Innovation Award. About ZTE ZTE is a leading global provider of telecommunications equipment and network solutions. It has the widest and most complete product range in the world - 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 achieve continued revenue growth and to shape the future of the world's communications. ZTE commits around 10% of its annual turnover to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. ZTE leads China's 3G industry with about 30% share of the total 3G equipment market in 2008. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact that strictly adheres to the Ten Principles of the Global Compact in developing and carrying out CSR programs. ZTE is China's only listed telecoms manufacturer, with shares publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). CONTACT: Kathryn Darling, axicom cohn&wolfe Tel: +44 (0)20 8392 4076 Fax: +44 (0)20 8392 4055 e-mail: [email protected] WWW: http://www.axicom.com ZTE WWW: http://www.zte.com.cn ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected]. [ Back To TMCnet.com's Homepage ]