Sunday, 11 December 2016

ZTE forecasts bumper Q1 profit

By Nick Wood, Total Telecom
Friday 11 April 14

Chinese vendor gives optimistic outlook driven by accelerating 4G deployments.

ZTE has issued upbeat guidance for its first quarter earnings, and expressed optimism for the year ahead thanks to strong global demand for 4G equipment. The Chinese vendor said it expects net profit attributable to shareholders for the three months ended 31 March to come in at between 425 million yuan and CNY637 million (&euro…

ZTE has issued upbeat guidance for its first quarter earnings, and expressed optimism for the year ahead thanks to strong global demand for 4G equipment. The Chinese vendor said it expects net profit attributable to shareholders for the three months ended 31 March to come in at between 425 million yuan and CNY637 million (&euro…

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