Tag: ZTE
HONG KONG (Reuters) – Chinese telecom equipment maker ZTE Corp will double its research spending on fifth-generation mobile network (5G) from this year, the company said, as China steps up the push to build the world’s largest 5G network. ZTE said it would invest 2 billion yuan ($295.5 million) in 5G research and development every […]
HONG KONG (Reuters) – Shenzhen-listed shares of Chinese telecom equipment maker ZTE Corp jumped 10 percent on Thursday, resuming trading after a nine-day halt and catching up with gains in its Hong Kong shares that were sparked by the settlement of a U.S. sanctions case. ZTE said earlier this month that it had agreed to […]
News highlights for August 18 South Africa’s Telkom hit by ‘sabotage’ Saboteurs have allegedly cut Telkom cables, ripped street distribution cabinets apart and in a few instances set them on fire. Telkom says a number of its facilities around the country were yesterday “targeted in a series of acts of sabotage”. Telkom says that at some […]
WASHINGTON (Reuters) – The U.S. government will give Chinese telecom equipment and smartphone maker ZTE Corp a three-month reprieve on tough export restrictions it imposed earlier this month, the Commerce Department said on Tuesday. The department on March 8 imposed some of the toughest-ever U.S. export restrictions on ZTE for allegedly breaking U.S. sanctions against […]
ZTE Corporation has announced the launch of an integrated streetlamp, charging pillar, base transceiver station (BTS) and smart city information solution called BluePillar that enables a traditional streetlamp pillar to double as a 4G/5G BTS, or a charging point for electric vehicles. The solution can also collect local data on weather, environment, transportation and security […]
LONDON (Reuters) – The U.S. Commerce Department is set to place export restrictions on Chinese telecoms equipment maker ZTE Corp for alleged violations of U.S. export controls on Iran, according to documents seen by Reuters. The restrictions will make it difficult for the company to acquire U.S. products by requiring ZTE’s suppliers to apply for […]
HONG KONG (Reuters) – Chinese telecommunications equipment maker ZTE Corp said on Friday it has struck a deal with SoftBank Corp to deploy its “pre-5G” technology in Japan, with a commercial trial to begin early next year. ZTE has touted its “pre-5G” technology as providing faster speeds on 4G network. It sees it as intermediate […]
SINGAPORE (Reuters) – Chinese telecommunications equipment maker ZTE Corp is targeting sales of $2 billion (1 billion pounds) for its carrier and enterprise businesses in the Asia-Pacific region this year, the company’s vice president said on Tuesday. ZTE expects demand for infrastructure to support 4G mobile networks to lift 2015 sales by 20 percent in […]
NEW YORK (Reuters) – A U.S. jury on Wednesday cleared Chinese telecom equipment maker ZTE Corp of infringing a patent on transmitting data in wireless networks owned by patent licensor InterDigital Inc. The verdict, coming after a two-day trial, followed a first trial between the two companies last October in which ZTE was found by […]
HELSINKI/PARIS (Reuters) – Nokia is to buy Alcatel-Lucent in an all-share deal that values its smaller French rival at 15.6 billion euros (11 billion pounds), building up its telecom equipment business to compete with market leader Ericsson. The deal will redefine a sector suffering weak growth prospects and pressure from low-cost Chinese players Huawei and […]
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