Chinese infrastructure vendor ZTE has announced that it expects to return to profit for the full year of 2013. The firm announced in a preliminary earnings announcement that it expects to generate a net profit of RMB1.2bn ($198m) for the year ended December 31st 2013. The firm recorded a RMB2.8bn loss in 2012.
Network infrastructure provider ZTE has announced an RMB1.36bn (US$219m) net profit attributable to shareholders in 2013, an improvement on the RMB2.84bn loss generated in 2012. The Chinese firm said the turnaround was due to its sharpened focus on 4G technology and cost saving initiatives.
German operator E-Plus, which is in the process of being acquired by Telefónica, has completed the transition of its network management to Chinese firm ZTE.
China Mobile is deploying Voice over LTE (VoLTE) on its commercial TD-LTE network in Guangzhou ahead of a wider nationwide rollout. The company has tapped up local equipment supplier ZTE to deliver the project.
Indian carrier Aircel has tapped ZTE to deploy an LTE network in Chennai, Rest of Tamil Nadu (RoTN) and several other business critical circles in the country. ZTE recently completed the migration of Aircel’s data services to an LTE evolved packet core in the Chennai and RoTN circles.
Chinese vendor ZTE has said it will split out its mobile devices division and operate it independently of the rest of the firm. The devices business will be led by Zeng Xuezhong, EVP at ZTE.
Spanish triple play services provider Jazztel said Tuesday that its national high speed broadband fibre to the home (FTTH) network has begun commercial operation. The fixed-line voice, data and internet and mobile services provider teamed up with Chinese kit vendor ZTE to build the broadband network out within two years to cover three million home and corporate users in Spain.
Half of China Mobile’s LTE infrastructure contracts have been won by local suppliers Huawei and ZTE, according to a report from Reuters that cites industry sources. The report suggests that Ericsson, Alcatel Lucent and NSN have picked up around ten per cent of the business each with their Chinese competitors bagging 25 per cent apiece. The combined value of China Mobile’s LTE contracts is $3.2bn, Reuters said.
Ethiopia’s government has signed a $1.6bn deal with Chinese vendors ZTE and Huawei, in a bid to expand mobile phone infrastructure and introduce 4G broadband to the capital Addis Ababa. The deal will also see the rollout of a 3G service across the rest of the country.
Chinese infrastructure kit and device maker ZTE has announced that it will sell its Firefox OS smartphone, unlocked, direct to eBay UK and eBay US users for just £59.99 ($79.99 through the US site).
The broadband industry is built on partnerships, and the best examples of these are to be recognised in first category of this year’s Broadband InfoVision Awards (to be held in Amsterdam on October 23rd, 2013)
With commercial LTE deployments well underway around the world, many network operators are finding themselves running three generations of technology at the same time. Not only is this situation resulting in many operational headaches due to the management of separate 2G, 3G and 4G LTE networks but also because the traffic running across those networks is becoming increasingly unbalanced.
Open source software developer Mozilla has announced that its official Firefox devices are now on sale in stores in Spain. Telefonica is selling the low-cost handsets built on Open Web Technologies the handsets, in Madrid.
Technical considerations dominated much of the discussion at LTE World Summit this week, with Chinese equipment vendor ZTE claiming that inter cell interference is much higher than first thought and proposed solutions built into the LTE specification might not be sufficient remedy.
Chinese kit vendor ZTE has teamed up with the nation’s leading mobile operator China Mobile, and US semiconductor firm Marvell Technology Group to make what it claims is the world’s first voice over TD-LTE (VoTD-LTE) call.
Operator group Telekom Austria has deployed a converged voice network using technology provided by Chinese kit vendor ZTE. The group has also built a commercial 100 gigabit transport network in Central and Eastern Europe, the first section of which, from Zagreb to Osijek and Ilok in Croatia, is already in operation.
Chinese vendors Huawei and ZTE are trading blows in a patent dispute in Germany, with the former accusing the latter of infringing upon its LTE and terminal patents.
A while ago I was told by an executive from one of the big network equipment vendors that he had seen proof that a Chinese competitor was spoofing network performance in a competitive trial to try and win business. One conclusion can be drawn from this accusation, valid or not: Things are getting desperate in the infrastructure supply sector. Falsifying performance data would be a drastic act, after all—but then so would slandering the opposition.
With both firms facing resistance in the US to their network infrastructure businesses, Chinese vendors Huawei and ZTE are instead stepping up their efforts in the handset space, with both unveiling high-end smartphones at CES in Las Vegas this week.
Chinese infrastructure vendor ZTE has extended its strategic partnership agreement with China Development Bank (CDB). As a result, CDB will expand its financing facility for ZTE to $20bn. In 2005, CDB and ZTE began their cooperation, agreeing a facility of $8bn, and then in 2009, the same year rival Huawei signed a $30bn deal with the CDB, the facility was increased to $15bn.