Chinese smartphone vendor ZTE has quietly climbed the ranks of U.S. smartphone vendors, and now commands the market's No. 4 position, just behind LG, Samsung and Apple. As Bloomberg notes in a new report on the company, ZTE is now working to cash in on its position with more expensive-- and more profitable-- smartphones.
Samsung Electronics' newest phablet smartphones, the Galaxy Note 5 and Galaxy S6 Edge+, got a major media unveiling yesterday and carriers fell over themselves to offer promotions to entice customers to buy them. However, Samsung's biggest challenge may be that there are more smartphones, including phablets, coming out from rivals that offer similar specifications for much less money.
Although realistically 5G will not make its commercial debut until at least 2020, we are already starting to see a lot of noise in the marketplace about 5G trials and collaborations.
Uros, a Finland-based provider of global mobile Wi-Fi internet services, opened the door to 11 new markets in Europe and Africa through a partnership with Vodafone Roaming Services, the voice and data roaming arm of the global mobile operator.
MALTA--ZTE continues to make inroads in the U.S. prepaid device market. Speaking at the IFA 2015 trade show here, Waiman Lam, senior director of technology and partnerships at ZTE, said that the company has 21 percent of the U.S. prepaid device market, making it the No. 2 player in the space. The company commands 7 percent of the overall device market in the United States.
Nokia agreed to purchase Alcatel-Lucent in a $16.6 billion (€15.6 billion) deal that would form a powerhouse to rival Ericsson and Huawei in the global market for telecom equipment. In the United States, the deal could create a company that could challenge Ericsson's leading position.
Nokia and Alcatel-Lucent confirmed they are in talks for Nokia to acquire Alcatel-Lucent in a merger that could give the combined company more fighting weight against Ericsson and Huawei in the network gear market. According to research firm IDC, the combined company would become the world's largest wireless network equipment vendor.
Chinese equipment maker ZTE saw its net profit increase 94 percent in 2014, to $423.4 million, up from $220 million in 2013, thanks to strong smartphone sales overseas and an increase in 4G network deployments.
Ethiopia's state-run telecoms monopoly has started selling 4G services in the capital Addis Ababa, offering packages for use with an LTE dongle or LTE Wi-Fi router from Huawei or an LTE-enabled smartphone.
ZTE picked up a contract to deploy the second phase of state-owned Algerian operator Algérie Télécom's LTE network, nearly a year after the operator took a leading position in Africa with the launch of the first phase in its 4G rollout.