SHENZHEN, CHINA: ZTE Corp. has been named a 'Top 3' LTE Network Infrastructure Vendor by Gartner.
In its latest industry report, “Dataquest Insight: Scorecard for Vendors of Long Term Evolution Network Infrastructure,” Gartner uses an item-by-item rating method to comprehensively evaluate the performance of global LTE vendors.
Gartner divides market performance into seven criteria including: Product or Service, Market Understanding, Offering/Product Strategy, Geographic Strategy, Sales and Marketing Strategy, Market Responsiveness and Track Record.
In addition, the report also employs a 5-level rating for each criteria to review the major telecom equipment vendors, including Alcatel-Lucent, Ericsson, Huawei, Nokia Siemens Networks and ZTE and among others. ZTE rated as a strong performer, was at the top of list in “Geographic Strategy” and has zero “Risk” rating.
According to Gartner, ZTE is a strong player in the LTE industry with a quality product portfolio and a growth strategy that is both prudent and sustainable.
ZTE is continually improving its marketing and business reach outside of China, while also strengthening its regional market presence, as Asia/Pacific offers good growth opportunities for mobile infrastructure vendors. In addition, its strong financial position has allowed it to maintain its R&D spending at 10 percent of revenue.
The report also forecasts that 70% of UMTS vendors will gradually upgrade to HSPA+ and LTE, and that most CDMA operators will choose LTE.
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