Friday, April 05, 2013

' Banned ' of the United States, Huawei back to business in Europe

The mobile network of China's Huawei Technologies probably will not grow in the United States this year, acknowledged Bob Falls, Vice President of the company's networks unit, in an interview with "Wall Street Journal". The company was almost expelled from the country for "a safety measure".
But, at the same time, the group said that be able to expand in other countries where it operates. China prepares to enter the new generation of cellular networks as the demand for customers in Europe remains strong.
"In Europe, as we build confidence," said the Vice President. He highlighted the discrepancy of the situation in the Mainland with the experienced by the company in the us. In October, Congress came to ask for the ban of Huawei's equipment and also from China's ZTE u.s. market, under the claim that the equipment could be used by Beijing to "spy on" the country.
According to the Executive, the Huawei area that produces infrastructure equipment can have high of 10 percent in 2013, compared with revenue 11% in 2012. Cai refused to give specific values, as the capital of the company is closed. The annual balance sheet of the company can be released at the end of the month.
The company is "confident" in reaching the goal of billing that was fixed, even if the global business environment continue to deteriorate, said Cai. "It is not a very ambitious projection," he said.
Huawei Technologies co., Ltd. is the second largest supplier of telecommunications equipment in the world, behind Sweden's Ericsson, and has surpassed the performance of many rivals around the world, despite the reluctance of operators to invest in the products it offers.
Chinese expansion prospects appear at a time when the major carriers of your country – China Mobile, China Telecom and China Unicom-prepare to launch the fourth generation (4 g) mobile service with LTE technology, a system of high speed data transmission. Last month, China Mobile said it would spend $ 7 billion this year on that network.
Overall, the Huawei won $ 1 billion in 2012 with the installation of LTE networks, according to the Executive. To 2013, it is expected that this figure fold.
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