Wednesday, 17 October 2018

ZTE predicts continued profit growth on 4G spending

By Mary Lennighan, Total Telecom
Wednesday 20 August 14

Chinese vendor posts 264% hike in net profit in 1H; forecasts bottom line will treble in first nine months.

ZTE on Wednesday reported massive growth in net profit for the first half of 2014, driven by carrier spending on 4G network equipment. The Chinese vendor posted net profit of 1.13 billion yuan (€138 million) for the first six months of the year…

ZTE on Wednesday reported massive growth in net profit for the first half of 2014, driven by carrier spending on 4G network equipment. The Chinese vendor posted net profit of 1.13 billion yuan (€138 million) for the first six months of the year…

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