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Wednesday, April 14, 2010

ZTE to Invest in indian 3G market

China-based telecom equipment and network solutions provider ZTE is now planning more investments in its research and design (R&D) centre.
They plans to invest up to Rs. 200 crore in the R&D centre in Bangalore
ZTE registered 50 per cent increase in our sales. They currently enjoy over 75 per cent market share for NGN (next generation) products and are also the market leaders in CDMA category.
ZTE has recently announced that they are going to invest heavily in this growing 3G market.
ZTE plan to capture about 10-15 per cent market share in the 3G space. To meet the evolving requirements, they plan to make targeted investments in 2G, 3G, bearer network and fixed line broadband in India.
Huawei, Nokia Siemens Network and a couple of other networking giants are all investing heavily in India

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