ZTE bags 40% of China Telecom broadband project

Telecom Lead China: Chinese telecom equipment maker ZTE
has won a contract for 40 percent of China Telecom’s 2012 broadband equipment
procurement project.

China Telecom’s broadband equipment contract includes
procurement of PON OLTs, FTTB MDUs, and broadband terminals. It includes for
over 21 million units valued at approximately RMB4 billion. It is the largest
broadband procurement project in the world in 2012.

China Telecom aims to increase its FTTH user base by 25
million, and to expand its FTTH coverage to more than 55 million households.
With the new project, China Telecom also anticipates a total increase of 16
million to reach a total of 100 million its users.

“We are honored to continue to support China Telecom
in driving national broadband development. With our expertise and experience in
FTTH infrastructure, we are dedicated to partnering with leading operators to
help them excel,” said Fan Xiaobing, vice president of ZTE Corporation.

Thanks to the rapid worldwide growth of FTTx deployments,
ZTE’s PON sales have posted a more than 30 per cent compound annual growth rate
over the past three years, topping both PON and OLT port shipments and market
share in 2011.

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