Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, October 23 2019 - 19:07
AsiaNet
ZTE Demonstrates the First 5G Slicing Store in Europe
SHENZHEN, China, Oct. 23, 2019 /PRNewswire-Asianet/ --

ZTE Corporation(https://www.zte.com.cn/global/) (0763.HK / 000063.SZ), a major 
international provider of telecommunications, enterprise and consumer 
technology solutions for the mobile internet, today announced that it has 
partnered with Hutchison Drei Austria to demonstrate the first slicing store in 
Europe. It boasts the first end-to-end network slicing operation in the 
industry.

In the 5G "Slicing Store", consumers or enterprise customers can select the 
predefined slice template and set the SLA parameters according to the 
characteristics of the user or individual industry requirements. After the user 
logs into the online sliced based service store, the user can choose services 
with different SLA, such as guaranteed bandwidth, maximum latency, etc. Then, 
the specific service can be put in the cart for checking out. Once the payment 
is completed, this service can be activated immediately as requested. If the 
number of users increases or the KPI performance decreases, the system can 
automatically adjust its resources to maintain KPI. This slicing solution can 
be widely used in vertical industries to meet variable requirements and ensure 
the SLA, regardless of the vertical market type.

This innovative solution can accelerate the commercialization of 5G slicing and 
help operators achieve success in a variety of vertical markets. By exposing 
the customized slices to vertical industries, operators can transform from 
single B2C traffic operation to B2B, B2B2C, and B2B2B diversified slice 
operation. As a result, in-depth integration between 5G and vertical industries 
becomes possible and 5G value space is stimulated by allowing the network 
requirements of each vertical industry to be individually met.

The 5G slicing store solution invites vertical industries to participate in the 
orchestration and life cycle management of the network slice. Based on the 
orchestration and exposing capabilities for vertical industries, this solution 
features SLA customization, real-time KPI monitoring, enhanced charging and 
network slice lifecycle management. The wide-ranging benefits of this solution 
can greatly promote the commercial process of 5G, help vertical industries to 
reduce TCO, and enhance end-to-end user experience.

ZTE is a provider of advanced telecommunications systems, mobile devices and 
enterprise technology solutions to consumers, carriers, companies and public 
sector customers. As 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.

ZTE has so far obtained 25 commercial 5G contracts in major 5G markets such as 
Europe, Asia Pacific and MEA (Middle East and Africa). ZTE commits 10 per cent 
of its annual revenue to research and development and has leadership roles in 
international standard-setting organizations.

Media Contacts:

Margaret Ma
ZTE Corporation
Tel: +86 755 26775189
Email: ma.gaili@zte.com.cn

SOURCE:  ZTE Corporation
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