Ranked Second in Worldwide Broadband Revenues by Ovum, ZTE Looks to Expand Into
Asia with New Broadband Acceleration Solution
SINGAPORE–(Business Wire)–
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, unveiled at CommunicAsia2010 today its “Asia-Pacific FTTx
Business Model,” developed specifically to accelerate broadband deployment in
Asia Pacific.
According to a recent Point Topic report, countries in Asia-Pacific are seeing
the fastest broadband growth, including China, Indonesia, Philippines, Vietnam
and Pakistan. In addition, most countries in the region, including Indonesia,
Philippines, Vietnam and Thailand, have a broadband penetration of less than
10%。 A 2009 Ovum report presented a huge need for broadband infrastructure
development in these countries.
ZTE`s Asia-Pacific FTTx Business Mode leverages the company`s extensive
knowledge and experience in constructing and deploying broadband networks, both
in Asia and worldwide. The plan, aimed at driving Asia-Pacific broadband
development and deployment into an “accelerated fast lane,” focuses on three
aspects: planning, operation, and environmental protection:
* Planning: the model strengthens the terminal-pipe-cloud network architecture,
promotes the coordinated development of fixed-line broadband and 3G networks,
and extends the value of a broadband network to the two sides of service clouds
and intelligent home networks.
* Operation: the primary operation model involves service cloud and management
mechanisms; methods of terminating and marketing home network services;
high-bandwidth, fast, flexible end-to-end configuration, offline diagnostics,
end-to-end management, fast fault location, a three-dimensional terminal
network, and many more.
* Green networks: The new model accommodates IPv6 evolution, next-generation
PON, energy saving measures and emissions reduction.
ZTE developed its Asia-Pacific broadband acceleration plan based in part on its
work with Telecom Malaysia and China Telecom and other operators in the region.
Top-of-mind concerns for all operators are the development and deployment of
efficient and cost-effective networks that are designed with upgradeable paths.
“An efficient broadband infrastructure is critical for any country that wants to
effectively compete in today`s global economy,” said Mr. Xu Ming, ZTE Vice
President. “We have been working diligently to devise a broadband deployment
model that will help Asia countries to rapidly develop and deploy
state-of-the-art broadband networks, and look forward to helping more operators
move with their expansion plans.”
According to Ovum`s latest research, ZTE Corporation ranked second in the world
in terms of market access with a 16.5% share in global revenues of 2009. The
research agency also placed ZTE second for overall sales of broadband access
(DSL, MSAN in the broadband part, FTTx, as well as CMTS) in 2009.
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 2009 revenue led the
industry with a 36% increase to USD 8,820.7 million. 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.
ZTE Corporation
Margrete Ma
+86 755 26775207
ma.gaili@zte.com.cn
or
Edelman PR
Ada Ho / Andres Vejarano
+852 2837 4747 / 2837 4735
ada.ho@edelman.com / andres.vejarano@edelman.com
Copyright Business Wire 2010