ZTE Corporation has announced its market share in the global optical network grew by 5 per cent in 2011.
According to March 2011 report published by Ovum, ZTE gained the most market share of any company in the world for the second straight year in the global optical network market, with a 1.8 share points increase compared to 2010. In the same two-year period, the company moved from world No. 5 to world No. 2 ranking in the global optical network market, with annual revenues now surpassing $1.7 billion.
ZTE was a top performer in the optical network market in 2011. Its optical network aggregation layer product (multi-service bearing) revenue exceeded $1.1 billion, ranking No.2 in the industry. In the converged packet optical (CPO) market, the ZTE ZXCTN series optical packet integrated solution has a rapid growth to 17% market share, attaining the No.2 ranking in the world. The company also ranked No.2 in SCA market share in 2011 and was No. 1 in annual growth in the optical network market in EMEA.
