ZTE

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Zhong Xing Telecommunication Equipment Company Limited
中兴通讯
Type Public
Founded 1985
Founder Hou Weigui
Headquarters Flag of the People's Republic of China Shenzhen, People's Republic of China
Key people Yin Yimin, CEO and Hou Weigui, chairman
Industry Telecommunication
Revenue 23,031.7 million RMB (2006)
Net income 807.4 million RMB (2006)
Employees 39,266 (2006)
Website www.zte.com.cn

ZTE (Chinese:中兴通讯) (Zhong Xing Telecommunication Equipment Company Limited) SZSE: 000063 SEHK: 0763 is a global provider of telecommunications equipment and network solutions (GSM, CDMA, CDMA2000, W-CDMA, TD-SCDMA, FDD-LTE, TDD-LTE,IMS, NGN, PSTN, SDH, ADSL, IPTV, Value Added Services) based in Shenzhen, the People's Republic of China. ZTE was established in 1985 with ties to the People's Liberation Army. Its shares are publicly traded on both the Hong Kong and Shenzhen Stock Exchanges. ZTE is the biggest telecommunications enterprise in China.

ZTE corporate headquarters are located in Nanshan Hi-Tech Industrial Park, Shenzhen, Guangdong Province, with domestic R&D centers operating in LianTang/Shenzhen, Shanghai (GSM), Nanjing, Xi'an, Chongqing, Chengdu and Beijing (total fourteen worldwide R&D facilities). ZTE University is located in Damaisa, approximately 1.5 hours east of ZTE HQ, and provides training for both staff and clients from around the world. Latest figures (Q4 '06) estimate over 30,000 employees (Chinese & foreign); approximately 20,000 of these employees are inside China. ZTE established a United States presence in 1998. The U.S. headquarters are located in Dallas, Texas.

Contents

Products and product deployment

ZTE Corporation's full range of network products cover wireless, data, optical transport, switching, video conferencing, power supply, monitoring, etc. ZTE also provides solutions in narrowband, broadband, wired and wireless products, including a ZTE branded line of mobile handsets. ZTE operates in mainland China, Bangladesh, Hong Kong , the Philippines, Norway, Sweden, Portugal, Brazil, Romania, Pakistan, Nepal, Iran, India, Libya, Benin, Ghana, Nigeria, Zambia, Tanzania, Angola, U.S., UK, Algeria, Colombia, Tunisia, Russia, Cuba, Argentina, Chile, Australia, Canada and Sri Lanka. Its financial report is audited by Ernst & Young.

ZTE is expanding overseas. A PSTN project in Bangladesh was its first overseas project. ZTE undertook ADSL broadband access projects at 16 venues and press centers for the Olympic Games in Athens 2004. ZTE was awarded a contract from Viet Nam Railways valued at VND1 trillion (62.5 million USD) to upgrade and modernize the railway's signal and telecommunications systems 1. The multi-million dollar project, with planning started in 2001, includes upgrades on three lines out of Hanoi as well as several junctions within and around Hanoi. ZTE made headway in the international telecom market in 2006 and took 40% new global orders for CDMA networks 2 and topped the world CDMA equipment market in 2006 by number of shipments 3. ZTE is installing its ZTE Class 5 soft switch system in Global e Networks' London Docklands telecoms hub for IP-based communications between the UK and European markets 4.

On March 13, 2007, Reuters reported that ZTE had received the go-ahead to sell equipment based on 3G in China from the Chinese Ministry of Information Industry 5.

ZTE manufacture several models of 3G mobile phone which are rebranded by Telstra for use on their NextG network. Spanish telecom company Telefónica España will jointly manufacture and distribute 2G mobile handsets with ZTE 6 (and now distributes ZTE MF620). Telus of Canada is currently offering the ZTE D90 cellphone with the innovative FastapTM keypad7.

Legal controversy

The Philippine National Broadband Network controversy is a political affair that centers upon allegations of corruption regarding the proposed government-managed National Broadband Network (NBN) for the Philippines and the awarding of its construction to ZTE.aa

Norwegian telecommunications giant Telenor, the world’s 7th largest mobile operator, banned ZTE Corp. from October 13 until March 3, 2009 from "participating in tenders and new business opportunities because of an alleged breach of its code of conduct in a procurement proceeding.”8

References

Federal Ethics and Anti-Corruption Commission (FEACC) of Ethiopian probed to uncover what is alleged to be a shady deal between an officer at the state-owned Ethiopian Telecommunications Corporation (ETC) and an unidentified representative of the Chinese ZTE. It was recorded soliciting a two per cent kick-back from the unknown ZTE staff member.In 2006,ZTE signed an agreement to provide US$1.5 billion worth of network equipment and related engineering services to Ethiopian Telecommunication Corp.[9]

External links

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  • This page was last modified on 12 November 2008, at 00:16.

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