iS THAT ME
- 12 Jan 2012
- Reaction score
Huawei bets big on 3G, LTE services in India
BARCELONA: Chinese equipment vendor Huawei said it expects about 40 per cent growth in revenues from India in 2012 on the back of large-scale 3G roll out, notwithstanding uncertainty in the telecom sector.
"Despite uncertainty, India is on verge of introducing new technologies, specifically 4G (LTE). This will drive the growth for mobile broadband in the country. Growth for us will come from large-scale 3G expansion and LTE roll out," Huawei India CEO Cai Liquin told PTI.
Liquin said Huawei India saw revenue growth of 30 per cent in 2011 and closed the January to December 2011 period with a total revenue of $1.2 billion approximately.
"Last year, we got 25 per cent of total 3G equipment order that were made by Indian service providers. We are seeing significant expansion of 3G will take on top of this during this year," Huawei India Executive Director (Products and Solutions) A Sethuraman said.
The company expects equal contribution to India revenues from three segments -- enterprise solutions, device and carrier networks business groups.
Uncertainity looms over the Indian telecom sector after the Supreme Court cancelled 122 licences granted in 2008 to new telecom operators.
"Today, we have announced our plan to introduce full range of LTE mobile products, including LTE wireless network card and LTE mobile Wi-Fi into European markets and Asia Pacific by July 2012," Huawei Chief Marketing Officer (Devices) Shao Yang said.
At the Mobile World Congress 2012, Huawei has showcased its suite of LTE products including LTE smartphone -- Ascend D LTE -- which has dual-core processor and a 4.5-inch High Definition touchscreen.
The company also announced launch of world's first smartphone, Ascend D-Quad, with quad-core (four core) processor which it plans to launch in India by the end of second quarter.
"In India, we will expand our portfolio significantly. This will see introduction of leading broadband technologies from Huawei that have been successfully deployed in other parts of the world for their national broadband network," Huawei Worldwide Head for Corporate Communications Ross Gan said.
He said in 2009, Huawei was commissioned to develop Singapore's Next Generation National Broadband Network (NGNBN).
"It was the first open access NBN to be commercially deployed in the world. We are looking to take similar kind of initiative in India," Gan said.