ZTE only company that represents the telecom sector in the Top 10 list 

31 July 2008, Shenzhen, China - ZTE Corporation ("ZTE"), a leading global provider of telecommunications equipment and network solutions continues to garner international recognition from various influential organizations and media outlets for its excellent technology innovation and outstanding contribution to the telecommunications industry. The company recently received its latest and very significant accolade from The Asian Wall Street Journal, being named among ‘Asia's 200 Most-Admired Companies' during an annual readers' survey.  ZTE is ranked 7th among the Top 10 Most-Admired Companies in China that include, among others, Beijing search engine company Baidu.com and PC maker Lenovo. The company is the only corporation representing the telecom equipment maker sector in the Top 10 list.

The prominent international business publication commissioned market research firm Colmar Brunton to poll about 2,477 executives and professionals in 12 Asia Pacific countries from 11 May – 3 July 2007 to determine their perception about the performance and contribution of companies in Asia in enhancing socio economic and way of life in the region. 
 
The readers were asked to rate companies using five key attributes: innovativeness in responding to customer needs, corporate reputation, management's long term vision, quality of products and services, and financial reputation.

Over the years, the business landscape in China has changed, with companies that constantly innovate and introduce new products that address market requirements leading the industry. ZTE is among the most innovative and proactive companies that has been constantly rolling out new solutions and services both for the domestic and international markets – one of the key reasons why the AWSJ readers voted the company as one of most admired firms in China. 

"We are pleased and proud to be among the Top 10 Most-Admired Companies in China. This is a clear embodiment of what we have achieved over the years in delivering innovative and customized solutions and services to our customers as a result of our  continuous technology research and development efforts to meet industry's needs," said Tian Wenguo, Executive Vice President, ZTE Corporation. "We adhere to producing high quality and cost effective solutions, putting enormous investments in our global R&D facilities, the key reasons why more and more carriers and telecom operators worldwide are trusting and partnering with us to establish reliable network infrastructure in their respective countries."

The AWSJ recognition comes after another prestigious award was received by ZTE during a recently concluded global event in Hong Kong. The company obtained recognition at the prestigious InfoVision Award for its Metro Network Technologies and Services particularly for its Optical Networking RPR-embedded MSTP solution, held in conjunction with Broadband World Forum Asia 2008 in Hong Kong. This honor further reaffirms ZTE's leading position in the industry as a company that develops outstanding and innovative products.

ZTE has achieved fast market share growth at home and abroad, with a considerable part of its growth now coming from the international market. It has the highest industry sales growth in the area of Optical Networking (ON) last year, according to a report published by international research firm Ovum entitled ‘Market Share 4Q07 and 2007 Global ON'. Volume shipment of its GSM products has also been growing, with Q1 2008 figures showing 100% increase compared to the same period last year. For the three months ended 31 March 2008, the Group made revenue amounting to RMB8.64 billion, 43.8% higher with the same period last year.

Currently, ZTE partners with over 500 operators in more than 135 countries worldwide. Among the leading global carriers that had collaborated with ZTE include Sprint, Vodafone, China Mobile, China Telecom, Japan Communications, Telkom in Indonesia, Telekom Malaysia, Tunisie Telecom, Interior Ministry of Uruguay, Czech MobilKom a.s, among others. The company is also supplying a comprehensive range of its telecom products and solutions in the forthcoming Beijing 2008 Olympic Games to ensure the reliable and smooth operations of the global event's 3G network infrastructure.