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

ZTE CORPORATION

(000063)
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ZTE : launches Combo PON Plus solution to enable resource sharing between FTTx and 5G

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07/06/2020 | 11:50pm EDT

7 July 2020, Shenzhen, China - ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today has unveiled its Combo PON Plus solution. The solution features independent wavelengths to simultaneously provide GPON and 10G PON services while implementing 5G fronthaul over one port and one feeder fiber, thereby achieving rapid, cost-effective 5G deployments and full-service operations.

ZTE's Combo PON Plus solution has innovatively introduced Combo PON Plus card to connect 5G macro cells through the OLT (Optical Line Terminal) platform. Different from traditional direct-fiber connection schemes, ZTE's Combo PON Plus solution can fully reuse the existing FTTx network infrastructure, such as access offices, fibers, ducts and outdoor cabinets, to reduce the rollout costs and shorten the service provisioning time.

The Combo PON Plus solution is a further innovation based on ZTE's Combo PON solution which allows networks to upgrade from GPON to 10G PON in a smooth and economical manner. It was introduced firstly by ZTE in 2016 and has already been deployed on a large scale. As a global leader in the FTTx industry, ZTE had ranked second worldwide in terms of the FTTx market share in Q1 2020, according to a report of Dell'Oro Group.


ZTE is a provider of advanced telecommunications systems, mobile devices and enterprise technology solutions to consumers, operators, companies and public sector customers. The company has been committed to providing customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE sells its products and services in more than 160 countries.

Disclaimer

ZTE Corporation published this content on 07 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2020 03:48:02 UTC

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Financials
Sales 2020 104 B 14 843 M 14 843 M
Net income 2020 5 437 M 775 M 775 M
Net cash 2020 1 648 M 235 M 235 M
P/E ratio 2020 36,5x
Yield 2020 0,62%
Capitalization 193 B 27 501 M 27 515 M
EV / Sales 2019
EV / Sales 2020 1,84x
Nbr of Employees 70 066
Free-Float 73,5%
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Technical analysis trends ZTE CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 42,92 CNY
Last Close Price 45,35 CNY
Spread / Highest target 26,1%
Spread / Average Target -5,37%
Spread / Lowest Target -47,1%
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
Jun Feng Wang Member-Supervisory Board
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