| SHENZHEN, China - Monday, October 12th 2015 [ME NewsWire]
(BUSINESS WIRE)-- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has been named the largest gainer in wireline broadband equipment market share on a rolling 4 quarter basis ending 2015 Q2, according to world-famous consulting firm OVUM, which recently released Market Share Report: 2Q15 FTTx, DSL, and CMTS. According to the report, ZTE exhibited significant market share gains within the digital subscriber line (DSL) product market. ZTE also showed a market share growth within the passive optical network (PON) segment, ranking 2nd in the global PON equipment market. On a regional basis, ZTE ranked first in PON equipment market share in South and Central America and second in Asia Pacific.
In 2015 ZTE published its “M-ICT” strategy, detailing its plans to accelerate innovations to empower customers to capture new opportunities and create value from the proliferation of mobile connectivity. By innovating its broadband access product, ZTE continues to enhance product competitiveness, optimize global market structure, and achieve steady growth.
According to OVUM’s report, ZTE ranks third according to global DSL unit shipments on a rolling 4 quarter basis ending 2015 Q2. ZTE’s global DSL product shipments showed significant growth between 2015 Q2 and the previous quarter.
ZTE holds 24% market share in the PON equipment market on a rolling 4 quarter basis ending 2015 Q2. Within the PON equipment market, ZTE holds 28% market share within EPON.
Mr. Yongxing Zhu, vice president, ZTE, said “ZTE is at the forefront of the optical communication sector, and last year we showcased the industry’s first XG-PON1 solution delivering 1G bandwidth to users at Broadband World Forum (BBWF). This year, ZTE will demo the “NG-PON2+G.fast FTTdp” solution at BBWF 2015. As well as capturing the highest EPON market share, ZTE has maintained the lead in 10G PON applications. With the mature commercial deployment of G.fast, ZTE’s comprehensive solutions will provide more powerful support to our customers’ broadband build out now and in the future.”
About ZTE
ZTE is a provider of advanced telecommunications systems, mobile devices, and enterprise technology solutions to consumers, carriers, companies and public sector customers. As part of ZTE’s M-ICT strategy, the company is committed to provide customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE’s products and services are sold to over 500 operators in more than 160 countries. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in international standard-setting organizations. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. For more information, please visit www.zte.com.cn.
View this news release online at: http://www.businesswire.com/news/home/20151011005056/en
Contacts
ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
or
AxiCom
Daniel Beattie, +44 (0)20 8392 8071
daniel.beattie@axicom.com
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