SHENZHEN, China - Saturday, June 8th 2013 [ME NewsWire]
(BUSINESS
WIRE)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share
stock code: 000063.SZ), a publicly-listed global provider of
telecommunications equipment, network solutions and mobile devices, has
won the Fixed Network Infrastructure Innovation award for First Live
FTTP-XGPON (fibre to the premises 10G passive optic network) Customer
Deployment at the GTB Innovation Awards 2013.
This is the second
time that ZTE has won the GTB Fixed Network Infrastructure Innovation
award following a win in 2011. This demonstrates ZTE’s commitment to
R&D in the commercialisation of broadband access.
The
broadband network jointly deployed by ZTE and BT is the industry’s first
proof of concept trial of the XG-PON (also known as 10G-PON) broadband
access service. The XG-PON technology increases user bandwidth to
330Mbps and reduces network delay by roughly 50 percent, achieving the
fastest broadband rates in the world at present.
“The GTB
Innovation Award is recognition by the industry of ZTE’s dedication to
being the best business partner for operators,” said Xu Ziyang, Vice
President, ZTE Corporation. “We will continue to leverage our innovation
capabilities and leadership position in the broadband access space to
help operators across the globe address both the challenges and
opportunities of the broadband era.”
The ZTE/BT trial was a part
of the pioneering Superfast Cornwall initiative carried out by the
European Union, BT and Cornwall Council, which is rolling out faster
broadband across Cornwall and the Isles of Scilly.
Ranulf
Scarbrough, Superfast Cornwall programme director for BT, said: “This
award demonstrates the pioneering nature of Superfast Cornwall. Not only
is the partnership making a major contribution to the future success of
Cornwall and the Isles of Scilly by rolling out high-speed broadband
communications to hundreds of thousands of homes and businesses, it is
also pushing the technical boundaries and showing what can be achieved
with the technology.”
According to the Ovum report on FTTx, DSL,
and CMTS (Units), ZTE achieved sustained growth in both optical access
product shipments and revenues in 2012. Its PON OLT (optical line
terminal) and ONT/ONU (optical network terminal / optical network unit)
shipments are both market share leaders, accounting for 42 percent and
32 percent of the global market respectively.
About BT
BT
is one of the world’s leading providers of communications services and
solutions, serving customers in more than 170 countries. Its principal
activities include the provision of networked IT services globally;
local, national and international telecommunications services to its
customers for use at home, at work and on the move; broadband and
internet products and services and converged fixed/mobile products and
services. BT consists principally of four lines of business: BT Global
Services, BT Retail, BT Wholesale and Openreach.
In the year ended 31 March 2013, BT Group’s revenue was £18,017m with profit before taxation of £2,501m.
British
Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group
plc and encompasses virtually all businesses and assets of the BT
Group., BT Group plc is listed on stock exchanges in London and New
York., For more information, visit www.btplc.com
About ZTE
ZTE
is a publicly-listed global provider of telecommunications equipment
and network solutions with the most comprehensive product range covering
virtually every telecommunications sector, including wireless, access
& bearer, VAS, terminals and professional services. The company
delivers innovative, custom-made products and services to over 500
operators in more than 140 countries, helping them to meet the changing
needs of their customers while growing revenue. ZTE commits 10 per cent
of its annual revenue to research and development and has leadership
roles in several international bodies devoted to developing
telecommunications industry standards. ZTE is committed to corporate
social responsibility and is a member of the UN Global Compact. The
company is China’s only listed telecom manufacturer that is publicly
traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock
code: 0763.HK / A share stock code: 000063.SZ). For more information,
please visit www.zte.com.cn.
Contacts
ZTE Corporation
Margrete Ma, +86 755 26775207
Email: ma.gaili@zte.com.cn
or
AxiCom
Jamie Stevenson, +44 20 8392 4095
Email:jamie.stevenson@axicom.com
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