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Sweden latest country to shun Huawei and ZTE
2020-10-20 02:00:00| Total Telecom industry news
The European dominoes continue to fall for Huawei as Sweden’s regulator, the Post and Telecom Authority (PTS), has today announced that Huawei and ZTE will be banned from the nation’s upcoming 5G networks. On top of this, the companies must be removed from operators' existing networks by 2025. The move comes as part of the licence conditions for the country&rsquo…read more on TotalTele.com »
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ZTE joins Netflix Hailstorm set top box program
2020-10-14 10:00:17| Digital TV News
ZTE (0763.HK / 000063.SZ) has announced a partnership with Netflix for its Hailstorm program. The Hailstorm Hybrid Program is Netflix's Android TV-based STB device scaling program for Pay TV operators and CE partners.
ZTE combines soundbar and set-top box
2020-09-10 13:00:07| Digital TV News
ZTE (0763.HK/000063.SZ) has launched a far-field 4K AI Soundbar STB at the IBC Showcase. By integrating smart soundbar and set-top box (STB), ZTE provides operators with a multi-function platform and a must-have device for consumers.
US telcos say it will cost 1.6-1.8 bln to replace Huawei, ZTE equipment on their networks - FCC
2020-09-04 17:22:00| Telecompaper Headlines
(Telecompaper) The Federal Communications Commission (FCC) has compiled a list of telecom carriers that say they use at least some Huawei and ZTE equipment or services in their networks. The filers in the list say it would cost USD 1.837 billion to remove and replace Huawei and ZTE equipment on their networks. The filers that qualify for reimbursement say it could require USD 1.618 billion to shift the equipment. Other providers may not yet have participated in the information collection and may still be eligible for reimbursement.
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ZTE lifts revenues, profit in strong #H1
2020-08-28 15:32:00| Telecompaper Headlines
(Telecompaper) After a lower first quarter, ZTE reported a strong first half, with operating revenues lifting 5.8 percent from the year before to CNY 47.20 billion and the net profit increasing 26.3 percent to CNY 1.86 billion. The net profit after extraordinary items jumped 47.4 percent to CNY 0.9 billion. The operating cash flow grew over 61 percent to CNY 2.04 billion while spend on research and development (R&D) advanced to CNY 6.64 billion, driven by investments into 5G and covering 14.1 percent of the company's operating revenue.
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