Huawei eyes $3.5 bn in revenues in India
Chinese telecom equipment vendor Huawei Technologies is eyeing over $3.5 billion in revenues from India this year as new operators launch operations, existing players opt for network upgradation and managed services become a necessity in the world’s fastest-growing telecom market.
The Shenzhen-based gearmaker clocked $2.4 billion in revenues in 2009 from India, helped by aggressive pricing and a large portfolio of services and products on offer. Source