ZTE sees 'world-best' revenue increase

Telecommunications equipment and network solutions provider ZTE's revenue rose year-on-year by a third in the nine months to September last year - better than any other company in the sector, it has been claimed.

Emerging on top of the revenue pile for the global telecommunications sector, ZTE's sales revenue reached the equivalent of €6.86 billion during the nine-month period, research shows. During the same period a year earlier, its sales revenue stood at €5.14 billion.

It would appear that ZTE has significantly outperformed its competitors as the sector's average revenue increase for the period was 10 percent.

Frost & Sullivan, which carried out the research, believes the company's success is down to its aggressive marketing and sales strategies in its overseas markets, particularly in China.

Its endeavours to expand and upgrade wireless networks, develop smart terminals, and its participation in China's national broadband strategy and tri-network integration will stand it in good stead in the future, the study indicates.

More News

VimpelCom selects Cisco Jasper for enterprise IoT push VimpelCom selects Cisco Jasper for enterprise IoT push VimpelCom has signed up Cisco Jasper to help it push into the Internet of Things. More detail
Ericsson expands CEM solution to include fixed, multi-play networks Ericsson expands CEM solution to include fixed, multi-play networks Ericsson has updated its flagship customer experience product to include data from fixed and multi-play services. More detail
Telefónica to deploy Vivendi’s mobile-first video services Telefónica to deploy Vivendi’s mobile-first video services Telefónica will offer customers TV and music services specially designed for mobile devices after signing a deal with Vivendi. More detail
ECTA appoints Luc Hindryckx as new Executive Director ECTA appoints Luc Hindryckx as new Executive Director The European Competitive Telecommunications Association has appointed a former Belgian regulator as its new Executive Director. More detail
Orange invests in Israeli cybersecurity firm Orange invests in Israeli cybersecurity firm Orange has invested an undisclosed sum in enterprise-focused cyber security firm SecBi. More detail
    

@eurocomms