ZTE | February 21, 2011 | Press Release
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, today announced that it is now among the top three vendors in the LTE infrastructure industry, according to a recently announced OVC（Open Vista Consulting Ltd） Market Tracker report by Open Vista Consulting.
According to the report dated February 12, 2011, ZTE has achieved outstanding performance in the four categories of industrial contribution, market competitiveness, product competitiveness and solution competitiveness. The result enabled the company to become one of the top three LTE infrastructure vendors across the world.
ZTE accounted for 21% of the LTE market, and “has made considerable contributions to TD-LTE in the evolution from TD to LTE,”according to the report. It also noted that ZTE was the first to put forward and commercially deploy Software Defined Radio (SDR), as well as drive LTE to support voice by applying Evolved Packet Core (EPC) and IP Multimedia Subsystem (IMS) solution.
The report believes that ZTE has one of the most complete lineups of products, and therefore will be in a leading position in terms of platform products and TCO.
ZTE said that it envisions LTE technology as a strategic product in the mobile broadband communications era. The company has 4000 researchers involved in the R&D and global promotion of LTE products. Building LTE test networks and commercial networks throughout the globe is part of the company’s LTE strategy, and in 2011 it will further promote the application of LTE around the world.
