ZTE Placed in the ‘Leaders’ Quadrant of Gartner’s Magic Quadrant for FTTH Equipment
11 April 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, has announced it has been placed in the ‘Leaders’ quadrant in Gartner’s Magic Quadrant (MQ) of 2010 for Fiber-to-the-Home (FTTH) equipment report(1).
The research published by the leading analyst firm provides a detailed analysis of the FTTH equipment market. Gartner Magic Quadrants position vendors within a particular market segment based on their comprehensiveness of vision and their ability to execute on that vision.
“We are honored to be one of the Fiber-to-the-Home solution leaders recognised by Gartner’s Magic Quadrant Report. We believe it is a positive appraisal of our solutions and demonstrates ZTE’s strength in the EPON and GPON field. ZTE’s fixed broadband solutions are currently leading the development of FTTX technology and we are confident of providing our customers with state-of-art solutions and products in fixed broadband access,” said Mr. Xu Ming, Vice President of ZTE.
With its profound insight into network evolution, ZTE launched the ZXA10 xPON passive optical network system, a reliable technical and advanced platform for network construction and service upgrade of the access network. ZXA10 C300 as OLT in PON and a series of PON ONT/MDU helped operators to build the FTTX network cost-effectively. ZTE was also one of the first companies engaged in R&D and mature commercial use of optical access network products. ZTE’s xPON products have been widely used in many countries and regions, such as Italy, Netherlands, Sweden, Hong Kong, Malaysia, Thailand, Saudi Arabia and Indonesia.
About Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About ZTE
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.
(1) Source: Gartner, “Magic Quadrant for Fiber-to-the-Home Equipment” Ian Keene, 29 December 2010
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