SHENZHEN, China -- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, is pleased to help Empresa de Telecomunicaciones de Bogotá S.A. (ETB) launch the first phase of fiber-to-the-home (FTTH) broadband network in Bogota, giving households and businesses in the capital city an up to 100-fold increase in connection speeds.
The first phase of the commercial rollout in December covered corporate customers in Bogotá, ensuring ETB fulfilled its target to launch the network by the end of 2013. The FTTH network, which uses ZTE’s industry-leading gigabit passive optical network (GPON) technology, will connect more than 600,000 customers, and cover 85% of households in the capital city when construction is fully completed in three years.
The new FTTH network will give households and businesses in Bogotá an increase of between 10 to 100 times in network speeds. Previously, 2 Mbps connections are considered broadband in Colombia and the majority of Colombian broadband users connect at speeds between 2Mbps to 4 Mbps, according to the most recent report issued by the Commission of regulation of telecommunications (CRT).
ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763)