|ZXONE 8700 Solutions from ZTE to power Alibaba’s world-leading e-commerce platforms |
SHENZHEN, China - Wednesday, June 5th 2013 [ME NewsWire]
(BUSINESS WIRE)-- ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, is pleased to win an exclusive agreement from Alibaba Group to construct optical transport networks and support the continued rapid growth in Alibaba’s world-leading e-commerce platforms.
ZTE’s industry-leading ZXONE 8700 100G OTN series will be deployed to build Alibaba’s 100G transmission network. The first phase of the project will cover four MANs in Hangzhou, Tianjin and Beijing respectively. The ultra-large bandwidth, high capacity, and robust reliability of ZTE’s solutions, and the ability to provision a comprehensive range of services will serve the enormous networking needs of Alibaba, and support the continued high-speed growth of Alibaba’s operations. ZTE is pleased to become a long-term partner for Alibaba’s broadband network construction and deployment.
Alibaba Group is one of the world’s largest e-commerce companies, operating more than 10 platforms including Alibaba.com, Taobao Marketplace, Tmall.com, eTao, Alipay, Juhuasuan, Alibaba Cloud Computing and China Yahoo! When the construction of the broadband network is completed, it will carry most of Alibaba’s data traffic.
"We are delighted to partner with Alibaba Group to build the 100G OTN network,” said Mr. Xu Ming, General Manager of ZTE’s Bearer Network Product Division. "This agreement will help underpin the continued success and growth of Alibaba in the global e-commerce market, and recognizes the superior solutions of ZTE in 100G technology.”
The contract with Alibaba is the latest large-scale deployment of ZTE’s 100G products in the enterprise and government ICT solutions market.
ZTE currently ranks second in the global optical networking market, with leading positions in 100G and beyond-100G solutions. ZTE operates a research and development center for beyond-100G in North America, and has partnerships with mainstream telecommunications operators in Western Europe, Eastern Europe, and Asia Pacific in network deployments of 100G and beyond-100G solutions. At present, ZTE’s 100G solutions are deployed in more than 30 commercial and trial networks globally.
In China, ZTE has built a 100G backbone bearer network for China Education and Research Network (CERNET) that spans more than 10,000 kilometers. According to the latest data from telecommunications consultancy Frost & Sullivan, ZTE is a global top-5 provider of 100G optical networking systems.
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
Margrete Ma, +86 755 26775207
Mark Lee, +852 2837 4756
Andres Vejarano, +852 2837 4735