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MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  ZTE Corporation    000063   CNE000000TK5

ZTE CORPORATION

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Vietnam's largest mobile carrier to launch commercial 5G services in June

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01/17/2020 | 05:27am EST

Vietnam's largest telecommunication company, Viettel, will launch commercial 5G mobile services from June this year, the company said on Friday.

The military-run company said in a statement it would use 5G network equipment and software developed itself, adding that it has become the sixth firm the world to produce 5G network equipment after Ericsson, Nokia, Huawei, Samsung Electronics and ZTE.

The statement came after Viettel conducted its first trial video call on its 5G network the same day. Viettel said it would develop both civilian and military services based on its 5G platform.

(Reporting by Khanh Vu; Editing by Alex Richardson)

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ERICSSON AB 0.59% 88.12 Delayed Quote.8.14%
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SAMSUNG ELECTRONICS CO LTD End-of-day quote.
ZTE CORPORATION End-of-day quote.
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Financials (CNY)
Sales 2019 92 705 M
EBIT 2019 6 853 M
Net income 2019 4 901 M
Finance 2019 1 703 M
Yield 2019 0,82%
P/E ratio 2019 37,4x
P/E ratio 2020 32,6x
EV / Sales2019 2,03x
EV / Sales2020 1,73x
Capitalization 190 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 37,86  CNY
Last Close Price 43,68  CNY
Spread / Highest target 20,3%
Spread / Average Target -13,3%
Spread / Lowest Target -45,1%
EPS Revisions
Managers
NameTitle
Ziyang Xu President, CEO & Executive Director
Da Xiong Xie Chairman-Supervisory Board
Zi Xue Li Chairman
Li Ying Chief Financial Officer & Executive Vice President
Hui Jun Xu Chief Technology Officer & Executive VP
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