ZTE Ships 1.8 Million PON OLT Shipments in 2011
17 April 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, has announced it shipped 1.8 million passive optical network optical line terminals ( PON OLTs) globally in 2011, ranking No. 1 worldwide.
According to a March 2011 report published by research firm Ovum, ZTE became the world’s leading PON OLT supplier in terms of annual shipments and market share of PON OLTs with 40.9 per cent share of the global market. The report, entitled Market Share Alert: 4Q11 and 2011 FTTx, DSL, and CMTS also stated ZTE’s market share increase on the previous year was 14.6 per cent.
ZTE also ranked No. 2 globally for market share of PON ONT/ONU shipments in 2011, at 28 per cent, a nearly 10 per cent increase on the previous year.
According to the report, China maintained strong momentum in FTTx growth in 2011. China’s FTTx market comprised more than half of the global total. ZTE has more than 40 per cent market share in China’s PON market, including agreements with each of the three major Chinese operators.
“Our achievement reflects our ability to build momentum in the market and is an affirmation of the quality of ZTE’s PON OLT technology,” said ZTE Vice President Zhu Yongxing. “We will continue to provide our high-level expertise and service to the optical access market with a view to helping operators around the world build smart high-speed optical networks.”
ZTE is a world leader in the optical access market. Boosted by global FTTx deployments, its PON sales have posted over 30 per cent compound annual growth rate over the past four years.
About ZTE
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 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE’s revenue increased by 29 per cent to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating 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.
