ZTE records sterling GSM volume shipment in Q1 2008
(Business News, 15 May 2008 )
ZTE Corporation has announced that volume shipment in Q1 2008 of its GSM products grew by 100% compared to the same period last year, sustaining a strong growth momentum and within the company’s annual sales target.
The impressive record is attributed to the continuous robustness and expansion of the international GSM market, which the company took advantage of by launching several GSM product marketing campaigns in Asia Pacific. The strategy paid off allowing ZTE to clinch a number of multi-million deals, especially for its service equipment products.
Last year, ZTE clinched several significant deals to deploy GSM networks in key and emerging international markets. In September 2007, ZTE signed a contract with CMPak, one of the mainstream telecom operators in Pakistan, for GSM network expansion in the country. Under the contract, ZTE provided the equipment and technical expertise to help CMPak expand its GSM network coverage, including the construction of 1,400 base stations and value-added service products for radio networks, and 10 million lines for core network. In July last year, ZTE also signed a contract with Nepal Telecom to help add 3.5 million lines to its existing mobile GSM capacity and support future expansion that will allow the company provide Nepal subscribers 5 million lines by 2010.
ZTE’s GSM equipment are now deployed by over 60 operators in more than 50 countries worldwide, resulting in the installation of mobile capacity exceeding 150 million lines. From 2003 to 2007, ZTE’s global GSM market share had increased more than 100%.
