ZTE Posted Fastest Optical Networking Sales Growth in Asia Pacific
ZTE Corp. 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”, ZTE has the fastest ON annual sales growth in Asia Pacific, with an 8 percent market share, the fourth highest in the region. In the second quarter of 2008, ZTE had 12 percent 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 »”>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 percent 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 percent quarter-on-quarter and 30 percent 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,” says Han Ling, General Manager, ZTE Transmission Products Division.
Tags: 3G, China-Mobile, ZTE