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US-based Fast Company ranks Huawei as fifth most innovative company; VNL among top 50
TT Correspondent |  New Delhi |  02 Mar 2010

Telecom gear manufacturer, Huawei Technologies has been ranked as the fifth most innovative company in the world for the year 2010 by US-based Fast Company magazine. Huawei finds itself in the top 5 list along with firms such as Faceook, Amazon, Apple and Google (in that order). Huawei is the only new entrant in the top 5 list.

 

"Huawei Technologies shot past Alcatel-Lucent and Nokia Siemens in 2009 to become the world''s No. 2 telecom-equipment provider, powered by quality and product upgrades in the past year, it has won a slew of lucrative, prestigious contracts the sum of these deals was good enough to double Huawei's global market share,” says Fast Company.

 

Edward Zhou, Director of Marketing, European Region, Huawei, comments, "One of Huawei's key differentiators is our customer-centric innovation strategy that is focused on understanding operator needs and rapidly delivering customized network solutions to create maximum value. It is a long term investment towards continuous innovation designed around close partnerships with operators to overcome challenges and achieve business success."

 

India’s Vihaan Networks Limited (VNL) also finds a mention in the list placed at 39th position.  

    
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02 Mar 2010(IST)  
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