9 September 2010, Shenzhen – ZTE Corporation, (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, today announced it has won the prestigious the "Best Practice Award–2010 Competitive Product for Packet Transport Network Industry ". The accolade was awarded to ZTE by Frost & Sullivan, a world leader in growth consulting company. Winning this award is a direct recognition of ZTE's contribution to the PTN field. This is the second time ZTE has won one of the celebrated "Best Practice Awards" following receipt of the "Best Practice Award-2009 IPTV Equipment Vendor of the Year " in 2009.
Based on its research in 2009, Frost & Sullivan believed that with the acceleration of the commercialization of PTN, this market is beginning to take shape. Based on its unique market engineering method, Frost & Sullivan conducted a comprehensive evaluation of the PTN market, organizing an expert panel to evaluate the overall strengths, market share, technical strengths and product advantages of a number of mainstream vendors in the industry including ZTE. With its significant advantages in PTN technologies and commercial deployment, ZTE won the honor.
Since starting its PTN standard research and product development in 2004, ZTE has submitted 118 proposals, 164 invention patents and 13 basic patents related to international standards to organizations including IEEE, ITU-T, and IETF. ZTE is a key player driving the development of PTN technologies and industry supply chains.
ZTE was the first in the industry to introduce an entire range of PTN products, covering the entire network from the core layer to the access layer. All five of ZTE’s PTN products have powerful networking capability and application support capability, enabling support for the most accurate and refined time synchronization solutions in the industry. The large capacity & low power consumption design can fully meet the green evolution needs of networks as well as their core business needs.
As the industry's first-class PTN solutions provider, ZTE has entered into in-depth partnerships with operators across the globe, with solutions widely adopted in many countries and regions including Finland, The Republic of Montenegro, Brazil, Malaysia, and Vietnam. In the Phase-1 PTN project for China Mobile, ZTE has successfully delivered commercial PTN networks in 27 provincial regions including Beijing, Shanghai, and Guangdong.
According to the "Market Share: 1Q10 optical networks, global and regional” report by leading market research firm Ovum, ZTE continued to maintain fast growth in the optical networking market and was already one of the global top 3 players in terms of market share. PTN has become a key driver for ZTE in the deployment of next generation optical networking technologies, in order to excel in the marketplace.