Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  ZTE Corporation    000063   CNE000000TK5

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

ZTE Corporation : ZTE Selected by STC Group as Preferred Global Vendor

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/28/2013 | 05:30am CEST

ZTE strengthens accord with biggest operator in Middle East & North Africa

ZTE Corporation ("ZTE") (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, was selected as one of the preferred global vendors by STC Group, the largest telecommunication services provider in the Middle East & North Africa.

The agreement between ZTE and STC Group, announced at the Mobile World Congress conference in Barcelona, will allow ZTE to offer its portfolio of network infrastructure equipment through a global price structure based on total business located in Bahrain, India, Indonesia, Kuwait, Malaysia, Saudi Arabia, South Africa and Turkey.

In the 2012 financial year, STC Group reported revenue increased 6.7% to US$15.8 billion.

About ZTE

ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE's revenue increased by 29 per cent to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China's only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.

ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
or
Edelman PR
Diana Pong / Andres Vejarano
+852 2837 4734 / 2837 4735
diana.pong@edelman.com
andres.vejarano@edelman.com


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ZTE CORPORATION
08/25 ZTE : Patent Application Titled "Multi-Frequency Antenna and Terminal" Published..
08/25 ZTE : Patent Issued for Method and System for User Rating by Utilizing Program S..
08/25 ZTE : Researchers Submit Patent Application, "Life Detection Processing Method, ..
08/25 ZTE : Patent Application Titled "Telescopic Transmission Cable Device and Mobile..
08/25 ZTE H1 2016 RESULTS : NET PROFIT RISES TO RMB1.76 BILLION; R&D INVESTMENT RATIO ..
08/25 ZTE ANNOUNCES NEW M-ICT 2.0 STRATEGY : VOICE for a Digital Future” white p..
08/25 ZTE : Chinese telecom firm ZTE books 9.3 percent rise in H1 profit on 4G growth
08/23 CHINA MOBILE : ZTE to Supply I-SBC Equipment to CM-IMS Core Network
08/19 TEMPORARY GENERAL LICENSE : Extension of Validity
08/19 ZTE : USA) Assigned Patent
More news
Sector news : Communications & Networking - NEC
03:03aDJMettler-Toledo to Join S&P 500
08/25DJChina Sets New Tone in Drafting Cybersecurity Rules
08/25DJHandelsbanken Sells Entire 6.8% Stake in Industrivarden
08/23DJRenesas Weighs Chip Firm Buy -- WSJ
08/19DJEmerson to Buy Pentair Valves-and-Controls Unit for $3.15 Billion -- 2nd Upda..
More sector news : Communications & Networking - NEC
News from SeekingAlpha
08/19 WALL STREET BREAKFAST : Viacom Drama Comes To An End
08/19 ZTE gets reprieve on alleged Iran sanctions violations
06/28 WALL STREET BREAKFAST : VW Agrees To Largest Auto Settlement In U.S. History
06/28 ZTE's temporary sanction relief extended by the U.S.
06/16 FORM HOLDINGS : Fli Charge On Track To Break Records After Successful Product La..
Advertisement
Financials ( CNY)
Sales 2016 109 598 M
EBIT 2016 3 253 M
Net income 2016 3 978 M
Finance 2016 7 133 M
Yield 2016 1,66%
P/E ratio 2016 15,45
P/E ratio 2017 13,73
EV / Sales 2016 0,46x
EV / Sales 2017 0,38x
Capitalization 57 408 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 16,2  CNY
Spread / Average Target 9,9%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Xian Ming Zhao Chairman, President & Chief Executive Officer
Da Xiong Xie Chairman-Supervisory Board
Zai Sheng Wei Chief Financial Officer & Executive Vice President
Yi Min Yin Executive Director
Li Rong Shi Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ZTE CORPORATION8 600
CISCO SYSTEMS, INC.15.23%156 223
QUALCOMM, INC.25.32%92 265
TELEFONAKTIEBOLAGET LM..-23.69%24 953
ALCATEL LUCENT-4.66%13 883
MOTOROLA SOLUTIONS INC12.75%12 858
More Results