ZTE’s Growth in Managed Services Surpasses 60 Percent
06 April 2011, Shenzhen – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, has announced that the company has surpassed 60 percent growth for its managed services in terms of contract value worldwide. Managed services have become one of the company’s new growth areas; especially in Europe where ZTE has seen growth of over 300 percent.
With its efficient and high-quality services, ZTE has made a number of breakthroughs in the European and American markets to lay a solid foundation for the future development of telecom services. For example, ZTE won a six year managed contract with H3G Austria in 2010 to provide a full portfolio of network operations and maintenance (O&M) services to more than 4,000 H3G sites including the O&M of third party equipment. In Poland, ZTE will provide CDMA2000 1x/EV-DO network construction and managed services to the largest Polish operator Polkometel’s entire network, as well as to its GoTa dedicated trunking Push-to-Talk (PTT) service.
Mr. Yang Jiaxiao, general manager of ZTE’s service product line, said, “In 2010, ZTE’s managed services portfolio grew rapidly, and we have signed managed services contracts with a number of operators in Europe and North America. ZTE will help network operators achieve efficient operations with comprehensive and high-quality services.”
ZTE’s managed services are used in almost 70,000 sites and by 30 million users of 45 operators in more than 100 countries globally, and with more than 20,000 kilometers of OFC (Optical Fiber Cable) O&M in use.
Since 2006, ZTE’s strategy has focused on its transformation from an equipment vender to a leading software and services provider. In order to provide increasingly customised service solutions to global operators, ZTE will focus on developing managed services, cloud computing and integrated circuit in terms.
About ZTE
ZTE is a leading 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.
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