ZTE estimates 36.6 percent increase in profit for first three quarters of 2017
Revenue for the first three quarters of the year increased an estimated 7 percent year on year to 76.6 billion yuan.
Latest from Tas Bindi
Telstra to connect ASX to more international exchanges
The agreement builds on the connectivity Telstra currently provides to the ASX.
Huawei reports 15 percent revenue surge for H1 2017
The networking giant generated 283.1 billion yuan in revenue during the first six months of 2017.
Network security vendor Savvius expands into Australian market
A distribution deal with InTechnology will see the Savvius' products rolled out across NSW, Queensland, and Victoria.
Game of Underprovisioning takes out Foxtel and HBO
After much anticipation, Game of Thrones buffs around the world were met with the devastating reality that they would have to wait a few hours longer to watch the seventh season premiere.
TasmaNet and Thinxtra partner to make Tasmania 'IoT-ready'
TasmaNet and Thinxtra announced that they will together build a dedicated IoT network that will cover 95 percent of Tasmania to support local businesses looking to embrace IoT.
Cisco to acquire SD-WAN startup Viptela for $610m
Cisco has agreed to acquire Viptela in a deal worth $610 million to boost its SD-WAN portfolio and accelerate its transition to a subscription-based business model.
Riverbed to acquire Xirrus to boost SD-WAN offering
Riverbed Technology has agreed to acquire wireless networking solutions provider Xirrus for an undisclosed amount, with the deal expected to close by the end of April.
TCV invests $89m into networking services vendor Cradlepoint
The venture firm that has GoDaddy, Netflix, Spotify, and Splunk in its portfolio has made a large investment in Idaho-based networking services company Cradlepoint.
VMware acquires employees and assets of SDN startup PlumGrid
SDN startup PlumGrid has sold off some of its assets to VMware as it shuts up shop.