China has finally issued TD-LTE licences to the country's three mobile operators in a move that will reinforce the position of European equipment manufacturers as well as local Chinese vendors that have won lucrative deals to help build next-generation networks there.
Ethio Telecom has picked Huawei to roll out its LTE network across the capital Addis Ababa as part of the $1.6 billion (€1.2 billion) mobile infrastructure deal the state-owned operator signed with Huawei and ZTE in July and August.
ZTE plans to launch a smart watch of its own in the second quarter of next year to challenge Samsung Electronics and others, according to Lu Qianhao, ZTE's head of handset marketing strategy.
A senior Huawei executive said it may take a decade to clear up the national security and cybersecurity concerns lawmakers have with the Chinese vendor because the company is held to a "higher bar."
ZTE is intensely interested in moving into the emerging device category of wearable computing, according to a senior ZTE executive.
China Mobile has finally confirmed its selection of vendors for its first TD-LTE contracts, which are believed to be worth around 20 billion yuan ($3.27 billion, or €2.41 billion).
ZTE said it expects to charge back to a net profit for the first nine months of 2013, reversing a loss from the same period last year. The company said the improvements were due in large part to cost-cutting measures including reductions in administrative and R&D expenses.
Morgan The numbers are in, and it's time to make sense of the data. ABI Research's Michael Morgan checks out the world's 14 largest branded cell phone makers in the second...
ABI Research's Michael Morgan checks out the world's 14 largest branded cell phone makers in the second quarter of 2013, providing sales data as well as insight into their strategy and competitive position in the market. For an in-depth look at how handset makers' fared in the second quarter, check out this special report.
ZTE has formally been added to the $1.6 billion (€1.2 billion) mobile infrastructure deal with Ethiopia, after fellow Chinese vendor Huawei secured the first half of the deal in late July.