ZTE is a global provider of telecommunications and networking equipment, mobile phones, and consumer equipment that covers virtually every segment of the telecom market. The company has over 500 operators in more than 160 countries worldwide.
ZTE Corporation Bulgaria has BGN 3,197,000 (EUR 1.6 million) in revenue and BGN 155,000 (EUR 79,000) profit for 2018. So far they have invested about EUR 30 million in Bulgaria.
10% of ZTE’s annual revenue is invested in research and development.
In August 2014, Lancom Bulgaria signed a distribution agreement for the products of Chinese telecommunication developer ZTE in Bulgaria. The contract covers the full range of technology products from the Asian giant, including a wide variety of switches, routers, CCTV, and GPON equipment, as well as various end-user products. ZTE’s products meet the standards and requirements of internet providers, government institutions, small, medium, and large businesses, as well as home users around the world, Lancom Bulgaria reports.
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