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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, April 23, 2009

ZTE Shows Strong Growth

Telecoms equipment maker ZTE said its revenue in the first quarter grew 35% year on year to 11.67 billion Chinese yuan (1.7 billion US dollars). The company said that its networks business grew 47% driven mainly by revenue generated from 3G and GSM network building, while handset revenues grew 22% with growth in domestic sales of CDMA handsets and international sales of 3G handsets. source: ZTE statement
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