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ZTE claims top spot in 3Q11 in terms of CPE revenue and unit shipments
January 31, 2012
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 and network solutions, announced today it has retained its position as the global leader in 3Q11 in terms of CPE revenue and unit shipments.
According to a report by market research firm Infonetics entitled, Broadband CPE and Subscribers: PON, FTTH, Cable, and DSL: 3Q11 Quarterly Worldwide and Regional Market Share, Size, and Forecasts, ZTE held the top global ranking for the CPE market in terms of revenue in 3Q11 with a 12 per cent share. In terms of units, ZTE also led the global market with a 19 per cent share in 3Q11. ZTE attained the top spot in both areas in 2Q11.
In addition, ZTE achieved a No. 1 ranking in the FTTH CPE market in 3Q11 in terms of revenue and unit shipments at 20 per cent and 34 per cent, respectively. The company won expansion orders from several operators in 3Q11 and saw an overall 300 per cent increase for the period year on year in Europe and an over 200 per cent increase in Latin America. In China, ZTE’s FTTH CPE shipments surged 360 per cent from the same period last year.
ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763)
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