Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
Huawei today announced that the Indian operations of Huawei comprising the software R&D center and the telecom solutions business have completed 15 years.
The 15 years journey of Huawei in India has been a dynamic period of collaboration and cooperation with Indian partners to contribute to the growth of the Indian and global telecom industry, transformation of the telecom industry with Huawei’s innovative and customized solutions and services, and localization of business operations.
Connecting India with Localization: Huawei established its first overseas R&D center in 1999 in Bangalore to develop cutting-edge products and solutions for the fast evolving global telecom industry by combining India’s strengths in software processes and quality management with that of China’s expertise in system design and product architecture. Today, the Indian R&D center has evolved as a key platform development center, global delivery center for international markets and a competent center for software quality and delivery.
The platforms and components delivered by the India center have been deployed for majority of global leading operators including Vodafone, T-mobile, China Mobile, KPN (Holland), Deutsche Telekom, and Megafon. The new thrust area for the center is global services delivery, and the India center is being developed as a hub for System Integration and overseas market support centre for operators around the world.
In 2011, Huawei set up its own manufacturing facility in Chennai to the Indian and APAC markets. In 2012, Huawei established the first Global Network Operation Center (GNOC) in Bangalore to manage more than 56 networks globally, including more than 140,000 individual sites spread across dozens of countries. With over 5,500 Indian employees (the largest workforce outside of China), Huawei sees India as an important resource hub to serve the evolving needs of the global telecom industry.
Wilson Wang, Chief Operating Officer of Huawei India R&D center said “The center has moved up the value chain within Huawei, taking ownership for products and solutions, geographies, emerging business areas, and future oriented technologies. We are committed to building innovative products and solutions for a better connected India, and the world”. Mr. Wilson was speaking at an occasion yesterday to commemorate Huawei’s 15 years in India, which was graced by the Hon’ble Dr. Liu Youfa, Consul General of China in Mumbai.
Connecting India with world-class technology: Huawei entered into India at a time when the Indian telecom industry was witnessing transformation brought in by policy changes to allow private participation in telecom services. Huawei has introduced a wide range of innovative and customized telecom products and solutions to the Indian market that have made telecom services affordable to a larger section of the population, increase the tele-density of the country and also help bridge the digital divide.
Huawei deployed the first 100G transmission technology in India, and built India’s first LTE network. Huawei also deployed a wide range of green solutions that enable customers to reduce power consumption and carbon emissions. During the past 15 years, Huawei has reinforced its leadership position in India by providing end-to-end solutions to all top-10 telecom operators in India, such as Bharti Airtel, Vodafone, Idea, Reliance, Tata Teleservices, Aircel, BSNL, MTNL.
Connecting India by building local partnership: Huawei believes in cooperating with its peers to jointly create a favorable environment. Through win-win collaboration, Huawei and its partners can share the benefits of the value chain.
Huawei has significant cooperation with the Indian IT industry through outsourcing software development, testing, and system integration work to leading Indian IT service companies in the areas of BSS, Enterprise, Consumer, mobile devices applications, that has resulted in employment generation, IT export revenues and telecom domain expertise for these Indian companies.
A strategic focus for Huawei in bridging the digital divide is to stay committed to the transfer and sharing of ICT knowledge and skills as well as to the nurturing of ICT talent in India. Huawei partners with universities and colleges to transfer knowledge, promote a greater understanding of, and interest in the telecommunications sector and encourage participation in the digital community.
Huawei India is committed to the long-term development and growth of India, by providing safe and secure products and solutions for telecom operators, enterprises and consumers, based on international standards. Together, Huawei and its numerous partners will achieve a win-win success for the development of ICT industry and the sustainable and inclusive growth of Indian economy.