ZTE Records Highest Industry Growth for Optical Networking Solutions in Asia Pacific

Ovum Report ranks ZTE 3rd among ON vendors during Q2 2008

23 October, New Delhi, India – ZTE Corporation (“ZTE”), a leading global provider of telecommunications equipment and network solutions, has recorded another sterling industry sales growth in the area of Optical Networking (ON) in Q2 2008, according to an Ovum report entitled “Market Share: 2Q08 Asia-Pacific ON”. The report shows that ZTE has the fastest ON annual sales growth in Asia Pacific, with an 8% market share, the 4th highest in the region. In Q2 2008, ZTE had 12% market share of ON in the region, placing the company on the third spot among other ON providers.

Industry trend analysis in the Ovum report revealed that leading telecom operators in the region including China Mobile, Reliance, Bharti and Telkom Indonesia continue to enhance and expand their respective 2G network infrastructure. On the other hand, operators in developed countries are actively upgrading their networks to cater for 3G services demand. The report added that during the first half of 2008, operators in Asia-Pacific invested 25% higher compared with the same period last year to upgrade their existing network infrastructure. In Q2 2008, Asia Pacific’s optical networking revenue increased by 19% quarter-on-quarter and 30% year-on-year.

“ZTE once again proved that we have among the best ON products in the industry. The Ovum report further validates that telecom operators in the region continue to deploy our devices to help them enhance their network infrastructure. We build customer trusts by providing them with reliable and cost effective solutions. Moving forward, we’ll continue to preserve that company tradition to help create a better communication platform in various geographical locations worldwide,” said Mr. Han Ling, general manager, ZTE Transmission Products Division.

“ZTE continues to penetrate new markets and expand its customer base in the region through new compelling network solutions and services. Its ON products have been deployed by telecom operators especially in high-end overseas markets such as Australia and South Korea,” an industry analyst commented. “We see its strategy to merge its ON and data products to further effectively position the company in the market,” he added.
Today, ZTE’s ON communication products have been deployed by over 250 network operators in more than 90 countries in Europe, Asia-Pacific, Latin America, Africa and Middle East. During the Broadband World Forum Asia 2008, ZTE’s embedded RPR solution received the InfoVision Award, which recognizes the company’s advanced ON solution in solving technology problems, meeting network requirements, optimizing service and performance, and enhancing customer service.

About ZTE
ZTE is a leading global provider of telecommunications equipment and network solutions. The ZTE product range is the most complete in the world – covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to customers in more than 135 countries, helping them to achieve continued revenue growth and to shape the future of the world’s communications. ZTE commits around 10% of annual turnover to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. It is the fastest growing telecoms equipment company in the world, and is China’s only listed telecoms manufacturer, with shares publicly traded on both the Hong Kong and Shenzhen Stock Exchanges. ZTE was included in BusinessWeek’s 2006 ranking of China’s Top 20 Brands. ZTE was awarded the “Most Promising Vendor of the year” by Frost & Sullivan in its 2007 Asia Pacific ICT Awards, and was reported as the fastest growing telecom equipment and solutions provider among the major telecom vendors worldwide by IDC in 2007. For more information, please visit www.zte.com.cn.

Media Contacts:

Shawn Xu Qian                                       Deeba Ali/ Niraj Sharma/ Vidhi Thakur
ZTE Corporation                                      Rediffusion PR
Tel: +86 755 26775216                            +91 9810509973/ 9810093472/ 9910562932
Email: xu.qian3 {at} zte.com(.)cn                   Email: vidhi.thakur {at} rediffusionyr(.)com