ZTE achieves explosive sales growth of 200 percent in European 4G core network market
3 March 2015, Shenzhen, China – ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has today announced that its sales volume of LTE 4G core network products achieved explosive growth in the European high-end market, with a year-on-year increase of nearly 200 percent.
By Q4 2014, ZTE had signed over 70 EPC commercial contracts, and deployed over 140 trial networks all over the world. ZTE’s 4G EPC product, which is based on a unified high-performance hardware platform, supports 2G/3G/4G wireless access, and provides redundancy protection at the board, Network Element (NE), and region levels, fully guaranteeing secure network operation and effectively reducing the TCO for operators in network construction, operation and maintenance. These capabilities can substantially increase operators’ competitiveness in the mobile broadband market.
The European market is witnessing rapid development of 4G services. With high-performance EPC products and extensive network construction experiences, ZTE has not only achieved substantial growth in existing markets like Germany, Austria, Belgium and Hungary, but also expanded into many new markets including Slovakia, Britain and Norway. ZTE will provide the majority of terminal users with an ultimate network experience through the construction of high-quality 4G networks.
ZTE is a provider of advanced telecommunications systems, mobile devices, and enterprise technology solutions to consumers, carriers, companies and public sector customers. As part of ZTE’s M-ICT strategy, the company is committed to provide customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE’s products and services are sold to over 500 operators in more than 160 countries. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in international standard-setting organizations. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. For more information, please visit www.zte.com.cn.