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Re: Chinese Carriers Cutting Back
by
Jamez4all
Furthermore, BSNL just snubbed Nortel by offering low cost competitors in on a bid 10 times their lost leader quoted at 5 billion dollars!
Severes them right for screwing up the sector and setting the specs requiring BSNL to only accept 10 years international experience in an order they furnished below cost. I jear Huawei will be bidding, Huawei's growth is staggering:
"
Huawei is now the largest telecom vendor in China's telecom market and is quickly becoming a leading player in the global telecom market.
Currently Huawei has 24,000 employees and sales in 2004 reached US$5.58 billion, a year-over-year increase of 45 percent and international sales have been doubling each year for the past five years.
More recently, Huawei says it is already more than half way towards its full-year target of $8 billion.(Its revenues for the first half of 2005, $4.1 billion.)
Huawei is also enjoying its new role as a primary supplier in BT. Huawei also plans to triple Euro Business.
Headquartered in China, Huawei Technologies specializes in the R&D, production and marketing of telecoms equipment, providing customized network solutions in fixed, mobile, optical, data communications networks, software & services and terminals.
As an international telecom equipment vendor, Huawei offers total solutions in the fields of wireless network, fixed network, optical network and data communications, and has established 55 branch offices and technology & service centers across the globe. Currently, its products have been deployed in 77 countries, including Germany , France , U.K, Portugal and Canada , by 274 operators including AIS, British Telecom, MTN, SINGTEL, Telefonica and TELEMAR
Huawei is only getting bigger each year and Western vendors understand the company has the head to match its hat size:
FutureWei ( www.futurewei.com ), based in Plano, Texas, is the North American subsidiary of Huawei Technologies Co. Ltd. ( www.huawei.com ), a leading global vendor of telecommunications systems and network solutions with products deployed in over 90 countries.
With a strong focus on network infrastructure, FutureWei Technologies, Inc. designs, markets and supports a wide range of advanced telecommunication products for service providers and enterprise network solutions.
"
Wow huh... Cisco and LU are eatting Nortel's pie... just to give you an idea where NT is headed as resilient as it has been to flush so far... =)
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