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ZTE predicts continued profit growth on 4G spending

2014-08-20 02:00:00| Total Telecom industry news

Chinese vendor posts 264% hike in net profit in 1H; forecasts bottom line will treble in first nine months.

Tags: growth continued profit spending

 

ZTE sees better-than-expected H1 profits

2014-07-14 15:11:00| Telecompaper Headlines

(Telecompaper) ZTE has raised its estimate for first-half profit, citing better margins and growing 4G orders in its home market China. The equipment maker now expects to report a net profit of CNY 1.00-1.15 billion for the first six months of 2014, versus an estimate at its Q1 report of CNY 0.80-1.00 billion. Both figures are up significantly from the year-earlier period when it reported CNY 0.31 billion in net profit. ZTE said the better result was due to its continued focus on tighter control of contract profitability, improvement in gross margins on international projects and higher revenues from 4G systems in China. 

Tags: sees profits zte betterthanexpected

 
 

ZTE hikes profit view on 4G strength

2014-07-14 02:00:00| Total Telecom industry news

Chinese vendor expects to benefit from 4G rollouts in Asia and consolidation in Europe.

Tags: view profit strength hikes

 

ZTE pitches 5G mesh network architecture

2014-06-23 02:00:00| Total Telecom industry news

Chinese vendor claims its software-defined air interface can support multiple access technologies.

Tags: network architecture mesh pitches

 

ZTE calls for EU investigation into Vringo licensing

2014-06-18 13:47:00| Telecompaper Headlines

(Telecompaper) ZTE has filed an antitrust complaint with the European Commission asking it to investigate the licensing practices of Vringo amid concerns the company is impeding fair competition in the telecommunications market. ZTE has been in negotiations since 2012 with Vringo to obtain a licence to its patents essential to a number of telecommunications standards. Vringo is obliged to license such patents on fair, reasonable and non-discriminatory (FRAND) terms, but according to ZTE the two have not been able to reach an agreement. The Chinese company said it may pursue further action across different jurisdictions. The two companies have already faced each other in multiple courts for allegations of patent infringement. Vringo has obtained injunctions against ZTE equipment in India and Germany already. 

Tags: calls investigation licensing zte

 

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