Telecom equipment maker ZTE sales up 23% to RMB 86 billion in 2011

Telecom Lead India: ZTE has posted 23 percent
increase in revenue to RMB 86 billion in 2011.


Net profit was RMB 2.06 billion, down 36.6 percent from


Domestic and overseas operating revenue of ZTE grew 22.7
percent and 24 percent respectively. In 2011, ZTE’s terminal products revenue
grew to RMB 26.93 billion, up 52.6 percent from the previous year.


ZTE reported operating revenue of RMB 39.50 billion from
Chinese market, accounting for 45.8 percent of operating revenue and
representing growth of 22.7 percent.


ZTE assisted for deploying 3G in China and constructing
national broadband network in 2011. The company’s domestic operating revenue
grew in the domestic market through its support of 3G carriers. It deployed
broadband access networks and ancillary transmission networks.


From the overseas market, ZTE reported operating revenue
of RMB 46.76 billion, accounting for 54.2 percent of operating revenue and
representing 24 percent growth.


In 2011, the company reinforced its position in emerging
markets. ZTE sustained relatively fast year-on-year revenue growth from its
international business.


In emerging markets, ZTE completed deployments of MTN and
América Móvil. It strengthened cooperation with operators such as Telefonica
and France Telecom. In Europe, the company’s system equipment has been
implemented by nine of Europe’s top 10 operators. In Japan, ZTE was selected by
Softbank for TD-LTE projects.


The company strengthened in the TDD area with promotion
of TD-LTE in 2011. ZTE secured over 30 commercial LTE contracts and worked with
over 100 operators around the globe to build testing networks during the year.

ZTE completed commercial deployments with top operators
such as H3G, Hi3G, Softbank and CSL. In addition, market share has grown in
both UMTS and GSM products. The company continues to strengthen its cooperation
with operators like France Telecom and MTN Group.


MTN Nigeria selects ZTE to deploy 3G networks in Nigeria


Chinese mobile equipment maker ZTE has signed a deal with
MTN Nigeria to deploy GSM/UMTS networks in Nigeria.


ZTE will help MTN Nigeria modernize and expand its mobile
network in two economically developed regions including 8 states.


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