ZTCOY stock is in a powerful uptrend pattern on news that it has helped Africa launch the first 5G network in East Africa.

ZTE Corporation (ZTCOY/ 0763.HK/ 000063.SZ ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that ZTE and MTN Uganda have jointly launched the first 5G SA network in East Africa, demonstrating 5G use cases at an event themed “Experience the Future Together”, taking place in the Nyonyi Garden, Kampala, Uganda.

China is ahead of the U.S. in 5G technology and is rapidly expanding its technology to countries around the world. The Trump Administration tried to slow ZTE Corp down by claiming its technology poses a national security risk but many countries aren’t buying The White House’s pitch.

ZTE and MTN Uganda have showcased a high-speed 5G SA network under the 60 MHz spectrum bandwidth with an actual rate of more than 1.494 Gbps, which can support a variety of applications, such as Gigabit without Fiber Connectivity, Cloud XR, ultra-HD live broadcast, automatic driving and remote surgery.

It is the first 5G SA network in East Africa. Its deployment and operation adopt ZTE’s end-to-end 5G equipment, including Common Core, to achieve the complete separation of the signaling plane and the data plane without relying on the existing LTE core network EPC. Furthermore, the network can further support typical 5G applications, including uRLLC and mMTC, through smooth upgrade.

Underpinned by the SA 5G network, the demonstration also featured the real-time communication of an on-site fixed-wireless access network, bionic robot, Cloud VR and other vertical industries, fully showcasing the 5G network’s capability as the foundation of an intelligent society as well as ZTE and MTN’s commitment to exploring 5G development in Africa .

In addition, ZTE also presented its end-to-end commercialized 5G solutions, including the 5G Common Core, Beyond 100G Transmission, 5G Flexhaul, 5G New Radio and Big Video, as well as its 5G terminal devices, such as Axon 10 Pro 5G smartphones, 5G indoor and outdoor routers.

“ZTE is very keen on sharing new technologies with MTN,” said Bill Yi , Vice President at ZTE. “We have been constantly enhancing our 5G capabilities and have become a core supplier of end-to-end solutions in the global ICT industry.”

As South Africa’s largest telecom operator and the largest multinational telecom company in Africa , MTN Group is currently operating in 21 countries in Africa and the Middle East . To date, the number of MTN users has exceeded 230 million. ZTE has been a partner of MTN since 2009, involving the fields of wireless, core network, transmission, energy infrastructure, terminals, and O&M services. ZTE has collaborated with the 11 branches of MTN in different projects.

ZTE is a provider of advanced telecommunications systems, mobile devices and enterprise technology solutions to consumers, operators, companies and public sector customers. As a part of ZTE’s strategy, the company is committed to providing customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE sells its products and services in more than 160 countries.

To date, ZTE has obtained 35 commercial 5G contracts in major markets, such as Europe, Asia Pacific, Middle East and Africa (MEA). ZTE commits 10 percent of its annual revenues to research and development and takes leadership roles in international standard-setting organizations.

On December 16, 2019, ZTE Corporation (ZTCOY/ 0763.HK / 000063.SZ) announced the latest flagship smartphone ZTE Axon 10s Pro, which is compatible with both 5G SA and NSA modes. This device will be commercially available in China in the first quarter of 2020. Based on Android 10, ZTE Axon 10s Pro is empowered by the new flagship Qualcomm® Snapdragon™ 865 5G Mobile Platform that features the Qualcomm® Snapdragon™ X55 5G Modem-RF System, the world’s most advanced 5G mobile platform.

ZTE Axon 10s Pro

ZTE Axon 10s Pro features the latest Wi-Fi 6 technology, which provides users with the incredible speed of up to 1.2 Gbps (laboratory test data) and low latency, especially in crowded environments where many devices share limited network resources.

In addition, ZTE Axon 10s Pro supports multiple network connections, allowing users to connect this device to two wireless networks, such as 2.4GHz and 5 GHz, simultaneously for higher stability and faster speed.

ZTE Axon 10s Pro has a unique advantage of seamless switching from Wi-Fi signals to LTE or 5G networks, due to the link-booster network enhancement solution, which enables an intelligent response to the complicated signal environments through the self-developed high-speed algorithm and smart perception. The device will evaluate whether the current network is good enough for use , then automatically transfer to LTE or 5G data connection for better internet experience and lower latency.

In addition to the latest Snapdragon 865 Mobile Platform, the smartphone also features the latest LPDDR5 RAM memory and UFS3.0 ROM storage, which offer higher operating efficiency and quicker read/write speed.

“ZTE is active in promoting 5G devices globally, to enable more consumers to enjoy the extreme experience brought by 5G. We will provide a series of diversified 5G terminal devices to meet the emerging requirements of consumers and customers for 5G application scenarios,” said Xu Feng , Senior Vice President at ZTE Corporation and President of ZTE’s Mobile Device Division. “In 2020, ZTE will introduce more than 15 5G terminal devices, including nearly 10 5G smartphones worldwide. In addition to ZTE Axon 10s Pro, ZTE will announce the next-generation 5G smartphone , which will be at an affordable price under RMB 3,000 , in the first quarter of 2020.”

Committed to technological innovation, ZTE has strong R&D capabilities and has made great progress in improving the device performance through integrated software and hardware optimization solutions.

Moreover, ZTE Axon 10s Pro adopts the new-generation full-scene system optimization engine Z-Booster 2.0, which intelligently allocates system resources based on AI algorithm, thereby achieving a smoother using experience in gaming and multiple-task scenarios. The Z-Booster 2.0 is composed of three functional modules, including App-Booster, System-Booster and Link-Booster, respectively making apps start faster, performing more efficiently and providing better internet and communication experience.

20-year ZTCOY stock chart in the monthly time frame.

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