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Posts Tagged ‘ZTE Corp’

By Yimou Lee and Lee Chyen Yee HONG KONG/SINGAPORE (Reuters) – China Mobile Ltd has awarded its second batch of 4G telecom equipment contracts, with ZTE Corp and rival Huawei Technologies Ltd securing the bulk of the deal, two industry sources with direct knowledge of the situation said. Telecom equipment makers, such as global leader […]

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HONG KONG (Reuters) – ZTE Corp, Chinas second-biggest telecommunications equipment maker, said first-quarter profit matched its estimate after benefiting from the countrys introduction of fourth-generation mobile networks. Net profit rose 204 percent to 622.2 million yuan ($100.01 million) in January-March compared with an estimated range of 425 million yuan to 637 million yuan, the Shenzhen-based […]

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