|[April 21, 2014]
ZTE Wins Orders from China Mobile for Optical Network Equipment
SHENZHEN, China --(Business Wire)--
ZTE (News - Alert) 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, won
orders from China Mobile (News - Alert) for GPON (Gigabit Passive Optical Network)
equipment in the operator's annual tender.
ZTE was one of only three successful vendors in China Mobile's tender
after a stringent selection process. China Mobile's tender for more than
614,000 ONUs (Optical Network Unit) and over 3,000 OLTs (Optical Line
Terminal) was a test of each vendor's product quality and capabilities
in research and development, solution customization, delivery and
technical support. Apart from ZTE, Alcatel-Lucent Shanghai Bell and
FiberHome (News - Alert) were the other winning bidders.
"ZTE is committed to achieving win-win with our customers through
dedicated R&D efforts and high-quality customer services," said Bei
Jinsong, Director of Optical ccess Products at ZTE. "Our efforts have
resulted in industry-leading product performance and increasing market
acceptance for ZTE's GPON equipment."
According to the latest report on the global fixed-network market by
Ovum (News - Alert), ZTE's GPON equipment shipments in the fourth quarter rose 27%
sequentially, the fastest growth rate among major vendors, benefiting
from demand in the Americas, Europe and China. ZTE is committed to
maintain the company's industry-leadership in the global GPON market by
offering first-rate products and superior services.
ZTE is a publicly-listed global provider of telecommunications equipment
and network solutions with the most comprehensive product range covering
virtually every telecommunications sector, including wireless, access &
bearer, VAS, terminals and professional services. The company delivers
innovative, custom-made products and services to over 500 operators in
more than 160 countries, helping them to meet the changing needs of
their customers while growing revenue. ZTE commits 10 per cent of its
annual revenue to research and development and has leadership roles in
several international bodies devoted to developing telecommunications
industry standards. ZTE is committed to corporate social responsibility
and is a member of the UN Global Compact. The company is China's only
listed telecom manufacturer that is 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.
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