"The sentiment is improving. We have confidence that
following years will be better. Our business plan for three to five years is
that we must reach up to USD 2 billion in India," Huawei
Telecommunications (India) CEO Cai Liqun told PTI during the Mobile World
Congress here.
The company had revenue of around USD 800 million from India last
year. Globally, its revenues were USD 39 billion.
He added however that the target will be achieved if everything
goes well on the policy front.
Asked about the 4G ecosystem, Liqun said it will improve this year
as there will be availability of more LTE handsets as all the three operators
in China have got a TDD-LTE licence.
Moreover, there will be around 900 million 4G users in China by
the end of this year, which will in turn improve the 4G ecosystem in India as
well, he said.
"This activity will help the industry and the ecosystem of 4G
will grow very fast, and by the end of this year, there will be a USD 100 LTE
smartphone available in the market," he added.
Huawei has provided 4G equipment to Bharti Airtel for Bangalore
and Delhi circles.
Globally, the company has also started work on developing 5G
technology, which is likely to be available for use by 2020 and it will be
spending USD 600 million on research and development of 5G.
A 5G network can provide speed of 10 Gbps, which
is 100 times faster than the mobile technology used currently.© http://www.business-standard.com/article/pti-stories/huawei-looking-at-2-bn-revenue-from-india-by-2017-114030200418_1.html
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