ZTE, a publicly-listed global provider of telecommunications equipment and network solutions, achieved a number one ranking in the market in "Global Base Station Contract Analysis, Fourth Quarter 2010" report.

This industry report indicates that ZTE secured 48 per cent of the total contracts awarded in the last quarter of 2010.

The telecommunications company reached this milestone despite a reduction in the number of total contracts awarded within the wireless industry worldwide.

ZTE emphasises that its ranking confirms the speedy growth of SDR (software definition radio) base station shipment.