Tuesday, March 18, 2014

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Chief Financial Officer of China state-owned telecom equipment maker ZTE Corporation (ZTE) Wei Sheng also attended the meeting in Barcelona. He said that with the operators "speed up the construction speed" to the end of this year, the number of Chinese 4G base stations may be from the current 300,000 to nearly as many as 1 million. He said that China accounted for the new 4G base station around 60% of the market, "ahead of Europe." In the annual Mobile World Congress in Barcelona last month (Mobile World Congress), the European mobile operator executives say they worry that regulatory restrictions and weak economic growth in Europe will inhibit the construction of 4G networks.
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