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Huawei to expand investment in India with an eye on 4G roll out-Report
TT Correspondent |  |  02 Apr 2012

Keeping in view the possibility of the launch of 4G services in India, Huawei Technologies, Chinese telecom equipment maker Huawei Technologies is planning to expand its investment in India. The company has been supplying equipment to leading telecom operators in India, such as Reliance Communications and Tata Communications, reports The Economic Times.

 

There is a strong possibility of India launching 4G services in some of the cities later towards the end of 2012.

 

The company is targeting a 40 percent growth inn growth in revenues from India in 2012 which was USD 1.2 billion in 2011, according to Vice President of Global Media Affairs of the telecom giant, Scott Sykes

 

The Economic Times has Quoted Huawei India Deputy Director of Enterprise Marketing of Suresh Vaidyanathan as saying company was now focusing on the roll out of 4G services in India.

 

"4G services are being rolled out (in India). Huawei is scaling up India operation in terms of man power, technology and investment," he said, declining to give the details of the investment plans”, The Economic Times has Quoted Huawei India Deputy Director of Enterprise Marketing of Suresh Vaidyanathan as saying.

 

He said the company has 45 per cent market share in providing equipment and services to Indian telecom operators and now it wants to further consolidate its presence in India.

 

Listing new initiatives by the company in India, Vaidyanathan said a new campus for its research and development centre, which will be the biggest of the telecom firm outside China, is being set up in Bangalore at an investment of USD 150 million.

    
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02 Apr 2012(IST)  
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