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ZTE signs MoU with Ooredoo to fast track 5G in Myanmar

2019-05-16 02:00:00| Total Telecom industry news

ZTE and Ooredoo have signed a deal to develop and launch 5G mobile network services in Myanmar. The Memorandum of Understanding (MoU) signed between the pair is part of Ooredoo Myanmar's extensive network modernisation programme. One of the continent's fastest growing economies…read more on TotalTele.com »

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ZTE returns to profit in Q1, revenues fall 19%

2019-04-29 14:15:00| Telecompaper Headlines

(Telecompaper) ZTE confirmed a return to net profit in the first quarter, at CNY 863 million compared to a loss of CNY 5.4 billion a year earlier. The result was at the low end of its outlook of CNY 0.8-1.2 billion, and ZTE said it expects the result to reach a profit of CNY 1.2-1.8 billion over the first half of 2019, versus a loss of CNY 7.8 billion a year earlier.

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ZTE confirms FY loss of CNY 7 billion, sees return to profit in Q1

2019-03-27 14:41:00| Telecompaper Headlines

(Telecompaper) ZTE confirmed a net loss of CNY 6.98 billion for 2018, hurt by the USD 1 billion payment to settle its dispute with US authorities. The company said it returned to a profit in Q1, estimated at CNY 0.8-1.2 billion. 

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ZTE to ramp up 5G focus, despite $1bn loss in 2018

2019-03-27 01:00:00| Total Telecom industry news

Chinese technology giant, ZTE, has posted a $1.04 billion loss (6.98 billion yuan) for 2018, following a tumultuous year which saw the company pushed to the brink of administration, following its protracted skirmish with the US…read more on TotalTele.com »

Tags: in loss focus ramp

 

Huawei and ZTE to expand manufacturing operations in India

2019-03-25 01:00:00| Total Telecom industry news

Chinese tech giants Huawei and ZTE are both looking to increase their manufacturing capabilities in India, according to reports in the Indian press. The Economic Times of India reported that the Chinese network equipment and smartphone producers were exploring strategies to increase production levels on the sub…read more on TotalTele.com »

Tags: india expand operations manufacturing

 

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