ZTE Retains Global CPE Revenue and Unit Share Lead in Q311
31 January 2012, Shenzhen, China – 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, announced today it has retained its position as the global leader, in 3Q11, in terms of CPE revenue and unit shipments.
According to a report by market research firm Infonetics entitled, Broadband CPE and Subscribers: PON, FTTH, Cable, and DSL: 3Q11 Quarterly Worldwide and Regional Market Share, Size, and Forecasts, ZTE held the top global ranking for the CPE market in terms of revenue in Q311 with a 12 percent share. In terms of units, ZTE also led the global market with a 19 per cent share in 3Q11. ZTE attained the top spot in both areas in 2Q11.
In addition, ZTE achieved a No. 1 ranking in the FTTH CPE market in 3Q11 in terms of revenue and unit shipments at 20 percent and 34 percent, respectively. The company won expansion orders from several operators in 3Q11 and saw an overall 300 percent increase for the period year-on-year in Europe and an over 200 percent increase in Latin America. In China, ZTE’s FTTH CPE shipments surged 360 percent from the same period last year.
“Our secret to success is providing customers with rapidly customised CPE products,” said Huang Fuzong, head of the ZTE CPE Products division. “By keeping up our investment in R&D, logistics and after-sales services, we are able to ensure the prompt delivery of customised products.”
To date, ZTE’s CPE solutions have been put into operation in more than 80 countries and regions and have seen large-scale deployments by approximately half of the world’s top 20 operators.
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.
