24 April 2014, Shenzhen, China - ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a global provider of telecommunications equipment, network solutions and mobile devices, was the fastest-growing global GPON equipment and systems provider in Q4 2013 according to research firm Ovum.
According to the recently-released Ovum report entitled “Market Share Spreadsheet 4Q13 and 2013 FTTx, DSL, and CMTS (Units)”, ZTE’s worldwide GPON shipments reached 2.42 million OLT and ONT ports in Q4 2013，representing a 27 percent growth over Q3 2013 and.
making ZTE the GPON vendor with the highest quarter-on-quarter growth rate among the major vendors.
The report shows that worldwide GPON shipments in 2013 surged 58 percent year-on-year to reach 30.47 millionOLT and ONT ports. The strong performance of the GPON market was mainly attributed to massive FTTx rollouts in several countries, especially in the Asia Pacific region. Eighty-one percent of all GPON products were shipped to the Asia-Pacific region, with China receiving more than half of the shipments.
China maintains its momentum of FTTx construction that was initiated in 2010. In China, which is the largest PON market in the world, ZTE holds over 35 percent share with each of the ‘Big Three’ operators. The industry consensus is that the granting of a fixed-network license to China Mobile, the biggest of the three operators, in 2013 will inject fresh life into China’ FTTx build-out.
“Innovation is the driver behind the rapid growth of ZTE’s GPON products,” said Zhu Yongxing, Vice President, ZTE Corporation. “We will continue our work to deliver products and services of even higher value to customers.”