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    000063   CNE000000TK5

ZTE CORPORATION

(000063)
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ZTE, China Telecom and MediaTek Jointly Complete Industry's First E2E Commercial Verification of FAST

02/11/2021 | 08:45am EDT

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that the Sichuan Branch of China Telecom, ZTE and MediaTek have jointly completed the industry's first end-to-end commercial verification of FAST in Chengdu.

Based on ZTE's 5G-NR system and MediaTek's UE imbedded with Dimensity chipsets, the Sichuan Branch of China Telecom has conducted the verification of FAST in commercial network of 2.1GHz and 3.5GHz. According to the verification result, FAST, compared to 3.5 GHz single carrier, increases the speed rate of uplink about 3 times for a single user at the cell edge.

FAST, as the main solution of uplink enhancement technology, can deeply and effectively take full advantages of TDD-NR and FDD-NR to boost the 5G uplink performance. With FAST, uplink timeslot availability can be enhanced up to 100% under the condition of the dual-stream capability of UE, realizing the maximum spectrum utilization in both time domain and frequency domain.

In 5G network commercialization and innovations, China Telecom, ZTE and MediaTek will continue to deepen their cooperation to explore new features and applications of 5G, so as to provide better services for their customers.

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
CHINA TELECOM CORPORATION LIMITED 2.14% 2.86 End-of-day quote.33.02%
MEDIATEK INC. 0.47% 1060 End-of-day quote.41.90%
ZTE CORPORATION -1.33% 28.14 End-of-day quote.-16.37%
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Financials
Sales 2021 114 B 17 791 M 17 791 M
Net income 2021 5 808 M 903 M 903 M
Net cash 2021 3 806 M 592 M 592 M
P/E ratio 2021 21,9x
Yield 2021 1,34%
Capitalization 120 B 18 724 M 18 731 M
EV / Sales 2021 1,02x
EV / Sales 2022 0,89x
Nbr of Employees 73 709
Free-Float 71,4%
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Technical analysis trends ZTE CORPORATION
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 19
Average target price 39,61 CNY
Last Close Price 28,14 CNY
Spread / Highest target 75,9%
Spread / Average Target 40,8%
Spread / Lowest Target 6,25%
EPS Revisions
Managers and Directors
NameTitle
Zi Yang Xu President, CEO & Executive Director
Li Ying Chief Financial Officer & Executive Vice President
Da Xiong Xie Chairman-Supervisory Board
Zi Xue Li Chairman
Man Li Cai Independent Non-Executive Director
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