Australia which had blocked China’s Huawei from bidding for contracts in the country’s $38 billion National Broadband Network (NBN) due to cyber security concerns. Over on which, Australian Prime Minister Julia Gillard backed a ban on Chinese telecoms firm Huawei from tendering for major government contracts after Beijing raised concerns about fair treatment for Chinese firms.
Business Line reports that the company has set its sight on India, where it is aiming to increase its investment and presence to capitalise on the emergence of 4G mobile technology. Huawei hasn’t revealed exact details of its planned investment, but India-based official Suresh Vaidyanathan confirmed the new impetus: “4G services are being rolled out (and) Huawei is scaling up India operation in terms of man power, technology and investment.”
The 4G services are likely to be rolled out in some of the Indian cities later this year. He said the company has 45 per cent market share in providing equipment and services to Indian telecom operators and now it wants to further consolidate its presence in India.
(Image Source: Huawei logo, Featured Image)
