Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Corporate
ZTE profit rises 14.21% in nine month period
TT Correspondent |  New Delhi |  28 Oct 2010

ZTE Corp. reported a 7.51% increase in operating revenue to USD 6.87 billion for the nine months ended 30 September 2010. In the same period, net profit attributable to shareholders of the parent company grew 14.21% to USD203.1 million year-on-year. Basic earnings per share amounted to USD 0.0731.

 

For the system products, the company''s wireless offerings continue to perform in a competitive market. The UniRAN solution based on SDR technology has been well received in the market, said ZTE. Within the wireline product suite, FTTx solutions remain ranked among the top 2 in the world, and the company’s optical transmission products are now ranked at the top 3 in the world for the first time.

 

Revenue from terminal products grew by 30.53% due to China’s expanding 3G market, the popularity of Android handsets in Europe and the U.S., as well as the data card products. Revenue from the telecommunication software systems, services and other products also grew by 23.94%, reflecting primarily growth in the sales of video, network terminals and service offerings.

    
 mail this article    print this article    Show and Post comment
28 Oct 2010(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more