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ZTE reports 20% better underlying profit in Q1

2020-04-24 17:34:00| Telecompaper Headlines

(Telecompaper) ZTE said operating revenues for the first quarter slipped to CNY 21.48 billion from 22.02 billion the year before, and that the net profit declined to CNY 780 million from 863 million year-on-year. The net profit after extraordinary items however rose 20.5 percent to CNY 160 million. Basic earnings per share went to CNY 0.18.

Tags: in reports profit underlying

 

China Mobile picks Huawei, ZTE to deploy 200,000 5G base stations

2020-04-02 12:30:00| Telecompaper Headlines

(Telecompaper) Huawei and ZTE won China Mobile's latest tender of 5G contracts. Huawei and ZTE will deploy 200,000 5G base stations, or up to 85 percent of the base stations included in the project, Caixin reports, citing a China Mobile statement. The overall project will see the deployment of 232,143 5G wireless network base stations in 28 provincial-level regions.

Tags: china mobile base stations

 
 

ZTE 6G research team focussing on intelligent architecture

2020-03-24 01:00:00| Total Telecom industry news

For most people, 6G is a mere pipe dream, as operators race to rapidly deploy their 5G networks. Not so for Dr Fang Min, ZTE’s director of 6G research and collaboration, who is already working with a team to make 6G a reality by 2030.   But what would 6G even look like? For one thing…read more on TotalTele.com »

Tags: research team architecture intelligent

 

US DoJ to probe ZTE for alleged corruption, bribery - report

2020-03-16 11:19:00| Telecompaper Headlines

(Telecompaper) The US Justice Department has started a new investigation into China's ZTE, saying the company may have accepted bribes in exchange for certain international contracts, NBC News reported. The company pleaded guilty three years ago of violating US sanctions against Iran and North Korea. The company agreed to undergo scrutiny for a number of years and to pay USD 1.4 billion in fines. It has now ended that probation period. 

Tags: report probe alleged corruption

 

FCC tells operators to report on costs of replacing ZTE, Huawei equipment

2020-02-26 16:56:00| Telecompaper Headlines

(Telecompaper) The FCC has started collecting information from US operators on their use of Huawei and ZTE equipment and services in their networks. The information will help it design a compensation programme to help operators receiving universal service funds replace the Chinese equipment with new suppliers. 

Tags: report equipment costs tells

 

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