ZTE surpasses 2010 FTTx market growth in H1 2011

ZTE, a global provider of telecommunications equipment
and network solutions, announced that it has secured 112 FTTx commercial
contracts in the first half of 2011, surpassing the number of the company’s
international FTTx contracts in all of 2010.

 

 

The company signed FTTx contracts in countries in Western
Europe, the Middle East, the Commonwealth of Independent States, South America,
Africa and Asia Pacific. ZTE also holds more than 40 percent market share in
China.

 

 

Through sustained innovation, ZTE has maintained rapid
growth in the FTTx area. Based on an analysis of the different market
landscapes, ZTE’s segmentation strategy aims to provide target users with
differentiated solutions. In 1H 2011, Europe, America, and the Asia-Pacific
region (including Southeast Asia and South Asia) each accounted for over 30
percent of ZTE’s international FTTx contracts.

 

 

Sustained innovation is the engine of our growth,” said
Xu Ming, vice president, ZTE. The more we understand a customer, the deeper we
can align our operation with its needs, and the more value we can bring to all
parties involved,” Ming added.

 

 

ZTE’s revenue from international business in the first
half of 2011 rose 36.4 percent year-on-year to RMB 20.81 billion, becoming the
main driver of the company’s continued fast growth during this period.

 

 

ZTE recently announced that it has been selected
by ANTEL (Administracin Nacional de Telecomunicaciones) to assist in providing
300,000 subscribers in Uruguay with a Gigabit Passive Optical Network (GPON).
The tender is one of the largest ever issued in the South American market.

 

 

By Telecomlead.com Team
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