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 Wins Telkom Indonesia 4-Year IPTV Network Construction Contract

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/09/2013 | 07:49am CEST

9 April 2013, Shenzhen, China- 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 has announced that it signed a four-year IPTV network construction contract with Telkom Indonesia (Telkom). .

According to the contract, ZTE will construct, operate, and maintain a low-bit-rate IPTV network for Telkom from 2013 to 2016. ZTE will provide Telkom with IPTV system equipment including high definition (HD), standard definition (SD) and low bit rate devices, as well as STB. On the systems side, ZTE will operate, maintain, and host equipment, and provide end-to-end network optimization.

Telkom is the largest fixed-line operator in Indonesia, with 95 per cent market share. It is the holding company of Telkomsel, the largest mobile operator in Indonesia.

ZTE's IPTV construction model helps guarantee and develop IPTV multi-screen business at low bandwidth. FEC fast error correction and ARQ automatic retransmission request are used in packet loss compensation for live broadcast and video on-demand. Occasionally, a user's network is unstable and thus the video does not play smoothly. Forward Error Correction (FEC) solves this problem. Low-bit-rate SD and HD technologies allow users to play video at low bandwidth. It also limits number allocation range issues.

"Our cooperation with Telkom Indonesia in IPTV provides valuable experiences for developing video businesses in a complicated network environment," said ZTE Multimedia and VAS Product Line General Manager Fang Hui. "It also assists with Telkom's profitability."

ZTE is expanding in the global IPTV market. Its IPTV system is commercially available in Asia, the United States, and Europe. As of the end of Q4 2012, ZTE had deployed 49 IPTV commercial offices, and had 12 million subscribers and capacity of over 20 million. According to the Global IPTV Market Research Report by the world-renowned consulting firm Multimedia Research Group in 2012, ZTE's IPTV middleware had 11 per cent of global market share, second in the world.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ZTE CORPORATION
09/23 Chinese phone makers in Europe sales push
09/23 ZTE : WiLAN and ZTE Corporation Enter Wireless License
09/22 ZTE : China Unicom Display 5G Network Based MEC Service
09/22 ZTE : GSM-R passes EC verification tests
09/21 ZTE : launches the industry’s first access-layer 100G packet transport pro..
09/21 ZTE : Yinchuan, New York, Amsterdam, Buenos Aires, Tel Aviv together with BT, Vi..
09/20 HUAWEI CULTURE : Telecom expansion deal signed without ZTE
09/20 ZTE : ERCA settles income tax disagreement
09/20 Top Chinese smartphone makers keep their flags flying in Europe
09/19 ZTE : Sandiganbayan dismisses graft raps vs. ex-President Arroyo on USD 329-M NB..
More news
Sector news : Communications & Networking - NEC
03:36aDJApple Goes Without a Lobby Into European Fray
09/25DJApple to Battle EU Regulator Without Usual Lobbying Army
09/22DJCISCO : Salesforce Announce Cloud Integration
09/20DJCorrection to GE Talent Story
09/20DJGE Goes Into High Gear to Attract Silicon Valley Tech Talent
More sector news : Communications & Networking - NEC
News from SeekingAlpha
09/14 Telecom firms combine patents in new company to ease licensing
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.
Advertisement
Financials ( CNY)
Sales 2016 110 829 M
EBIT 2016 3 063 M
Net income 2016 3 956 M
Finance 2016 7 065 M
Yield 2016 1,63%
P/E ratio 2016 15,67
P/E ratio 2017 13,76
EV / Sales 2016 0,46x
EV / Sales 2017 0,39x
Capitalization 57 686 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 14,4  CNY
Spread / Average Target -2,1%
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 643
CISCO SYSTEMS, INC.15.41%157 150
QUALCOMM, INC.25.54%92 471
TELEFONAKTIEBOLAGET LM..-27.58%23 193
ALCATEL LUCENT-4.11%13 904
MOTOROLA SOLUTIONS INC11.19%12 689
More Results