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ZTE, Italy is a strategic market in Europe

December 06, 2019


Abstract : 2020 will be the year of 5G for Italy with the massive launch of the first commercial services, emphasizes Hu Kun, president of ZTE Western Europe and managing director of ZTE Italia.

MILAN, Dec. 5 (Class Editori) – 2020 will be the year of 5G for Italy with the massive launch of the first commercial services. "It will be a significant contribution to the development of the Internet of things", emphasized Hu Kun, president of ZTE Western Europe and managing director of ZTE Italia. Italy is one of the priorities for the Chinese technology giant.

In the last three years, the company invested 200 million euros in Italy, 20 million of which has been earmarked for training, research and innovation centers in the 5G field, in collaboration with the University of Tor Vergata and L'Aquila. "We consider Italy one of the most strategic markets in Europe, also due to the fair and friendly ecosystem created by the government", added the top manager, "We intend to increase our business in the country and become an increasingly solid player". The investments, he added, will contribute to the national economy, and the effort will go in this direction.

In the near future, ZTE intends to continue to contribute to the development of 5G technology in Italy by collaborating closely with both public and private partners. Recently, it presented the 5G Core Technology Trend White Paper, which reports an in-depth analysis of the problems and challenges faced by the 5G sector, focusing on the trends that will characterize the development of this technology from basic network. In October, on the other hand, the agreement with the Go Internet service provider for the supply of 5G-ready base stations will be used, initially, to complete the migration from Wimax technology to the LTE technology of the network in the Marche region.

The second area of interest is that of smart cities. "Smart cities" are "one of the main scenarios for the Internet of things and will contribute to the development of 5G", emphasized Hu Kun, "In the end the task of technology is to bring benefits to people, guaranteeing public and private services". Smart cities "are the perfect vehicle to guarantee many public services", added the top manager of the Shenzhen multinational, "ZTE is therefore focusing on projects in this sector too".

Globally, in the first nine months of the year, ZTE recorded operating revenues of 64.24 billion yuan, equal to about 8.2 billion euros, an increase of 9.3 percent on an annual basis.

(Source:Class Editori)

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Keyword: Italy ZTE market

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