U.S. Markets closed

ZTE secures 25 5G commercial contracts

Committed to partnerships in the 5G arena with over 60 operators across the globe

SHENZHEN, China, June 25, 2019 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a leading provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today announced that it has secured 25 5G commercial contracts globally and has been already committed to partnerships in the 5G arena with over 60 operators across the globe.

With innovation as the driving force, ZTE has made 5G its core development strategy. ZTE is a major contributor and participant in global 5G technology research and standardization. According to IPlytics, a market intelligence tool to analyze technology trends, market developments and a company's competitive position, as of June 15, ZTE had declared 1,424 families of 5G Standard-Essential Patents (SEP) and patent applications to the European Telecommunications Standards Institute (ETSI), ranking global top 3 in terms of the number of such families.

ZTE has filed more than 3,500 5G patent applications, with over 30 experts at the company taking key positions, such as president and reporter, in international standardization organizations. They have submitted more than 45,000 papers to the organizations, including more than 7,000 proposals for 5G NR/NexGenCore international standards.

ZTE, with its comprehensive 5G end-to-end products and solution capabilities as well as rich experience in network construction, is fully engaged in the rollout of commercial 5G networks. The company continues to maintain a leading edge in technology, and collaborates with upstream and downstream partners across the industry to promote the commercial deployment of 5G.

In terms of wireless access, ZTE's full series of 5G AAU commercial products have achieved full-spectrum coverage and application in all 5G scenarios, enabling the fast construction of 5G networks through 5G NSA&SA dual-mode base stations, multi-mode UBR base stations, spectrum sharing, UniSite solutions and other simplified access-layer hardware equipment. Its IT BBU platform with an ultra-large capacity provides support for Multi-Mode network convergence and evolution with minimal connectivity.

As for core networks, the commercial 5G Common Core first launched by ZTE supports unified 2G/3G/4G/5G/fixed full convergence and full access, as well as 3GPP R15 SA and NSA, cutting investment cost by 40% for operators.

In the aspect of 5G transport network, ZTE's 5G Flexhaul end-to-end products are ready for commercial use, with large-scale deployment having begun. The performance in terms of ultra-low latency is far ahead of the competition, while the technical specs for ultra-high precision clock synchronization are fully compliant with 3GPP, approaching the definition for a network with "perfect synchronization". The multi-dimensional shaping technology and the next-generation FEC can increase the transmission distance of over 100G by 30%, significantly reducing the difficulty of deploying over 100G networks as well as the upgrade cost.

In the field of terminals, ZTE has collaborated with more than 20 operators around the world in the development of 5G terminals. ZTE's 5G terminal solutions include 5G smart phones, 5G outdoor routers, 5G indoor routers, 5G mobile hotspots, 5G data terminals and 5G modules, among other serialized and polymorphic 5G terminal products. ZTE also provides various industries with customized 5G modular solutions. ZTE unveiled its first flagship 5G mobile phone, Axon 10 Pro, at the Mobile World Congress in Barcelona, Spain, in February 2019, taking the lead in commercializing 5G mobile phones. In the first half of 2019, ZTE Axon 10 Pro in 5G edition was released successively in China, Germany, the United Arab Emirates, Finland, Austria, etc., with sales of the device having formally begun in Finland and the United Arab Emirates.

ZTE helps operators build an ideal 5G network based on a tripartite philosophy of "Greatness Lies in Simplicity", "Swiftness Is Invincible", and "Act Dynamically", while, in the process of network construction, taking into account the four operations of arithmetic: addition, subtraction, multiplication and division:

Subtraction refers "Greatness Lies in Simplicity" by building a minimalist network, unifying the network control layer, streamlining the hardware equipment for the access layer, and achieving shared hardware capabilities.

Addition means to increase the "intelligence quotient" or "IQ" of the network to make it more intelligent and enhance the competitiveness of network equipment.

Division pertains to subdividing the scenario and using slicing technology to segment the physical network into several virtual mobile networks that serve N vertical customers at the same time. The method allows for network reuse and reduces the cost of building, operating and maintaining the network, while also slashing the cost associated with application trial and error, while improving online speed.

Multiplication means cross-border in many senses of the word, referring chiefly to the 5G network being "multiplied" across many verticals, delivering 5G control, 5G UAV, AR/VR and other abilities, using technology aggregation as a means to holistically bring entire industries together, while converting an industry's assets into a value-add for its IT and communications networks, and, in doing so, unleashing a revolution that changes the business model for each and every industry vertical.

Given the strong demand for 5G applications and the change in the models of how businesses will collaborate in the world of 5G, ZTE and its partners jointly carried out a large number of exploratory projects in 5G industry applications, promoted cross-industry integration and development, advocated for the implementation of intelligent ports, intelligent industry, intelligent security and other industry applications, in a move to build a healthy and complete industrial ecosystem together.

To date, ZTE has teamed up with operators and partners to build models for vertical industry application of 5G+ in more than 15 verticals, and established strategic cooperation with nearly 200 partners within the ecosystem to promote the digital transformation of the industry. 

About ZTE

ZTE is a provider of advanced telecommunications systems, mobile devices, and enterprise technology solutions to consumers, carriers, companies and public sector customers. As part of ZTE's M-ICT strategy, the company is committed to provide customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE's products and services are sold to over 500 operators in more than 160 countries. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in international standard-setting organizations. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. For more information, please visit www.zte.com.cn.

Media Contacts:
Margrete Ma
Tel: +86-755-26775189
Mobile: +86-13641437743
Email: ma.gaili@zte.com.cn

Cision

View original content:http://www.prnewswire.com/news-releases/zte-secures-25-5g-commercial-contracts-300874037.html