The company boosted managed services contracts in 2015
Chinese telecom and technology vendor ZTE expects revenues from its service business to grow approximately 20% in 2016. Chen Huachun, VP at ZTE and head of the company’s service unit, told RCR Wireless News growth will be similar to what ZTE experienced in 2015.
Huachun said the company is launching a new set of service-oriented solutions for telecom operators, which are expected to boost growth. “We have also recently expanded the scope of our service unit to reach data centers and smart city projects,” he said.
Huachun noted ZTE last year signed an agreement with the city of Yinchuan, China, to set up a Smart City Innovation Center designed to drive the development of technologies and platforms for smarter public services for urban residents. Yinchuan deployed ZTE’s Smart 2.0 solution to provision public services more efficiently and enable the management of information and data across different government departments.
The executive also said ZTE’s service business unit currently has a solid position in the Chinese market, with ongoing contracts with the country’s top telecom operators. ZTE is also boosting its international presence, with key operations in Germany and Spain, among other countries.
“We also have a solid presence in some emerging regions such as Africa and Latin America,” Huachun said.
ZTE said it currently manages network infrastructure for a number of operators, including O2 in Germany, Euskaltel in Spain, Telenor in Pakistan, MTN in Uganda, H3A in Austria, DIGI in Malaysia, China Mobile, China Tower and China Unicom. The company noted its products and services are sold to more than 500 operators in more than 160 countries, and that it commits 10% of its annual revenue to research and development activities.
