ZTE Corporation, the fastest growing global provider of telecommunications equipment and network solutions, today announced record sales of over 150 million lines of wireless infrastructure products by January 2006, of which, over 30 million lines were CDMA equipment.
"This significant market success is based on our commitment of 10% of turnover to R&D and to the world-competitive quality of all our product lines," said ZTE SVP Mr Tian Wenguo. "ZTE is now China´s leading wireless products producer. This success, combined our complete range of wireless telecommunications equipment, makes us a competitive force in every country or region in which we tender for contracts."
ZTE has expanded its services in recent years and now provides a complete range of telecoms equipment covering fixed networks, wireless networks, data and handsets. The Corporation´s product portfolio includes CDMA, GSM, PHS, 3G (UMTS, CDMA2000 and TD-SCDMA), and total network solutions ranging from systems to terminals.
By the end of 2005, ZTE´s wireless capacity in CDMA equipment had exceeded 30 million lines, covering over 100 operators across more than 60 countries including Brazil, Norway, Malaysia and Russia. This includes over 30 3G CDMA2000 EV-DO networks built in more than 20 countries.
"Sales of wireless products contributed greatly to ZTE´s overseas success in 2005, and we are very upbeat about continuing growth in international business this year," added Mr Tian. "We expect to further beef up the global presence of ZTE wireless operations, and to notch up further significant national wireless contracts in 2006."
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