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Huawei Plans For ASEAN Expansion

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Kasikornbank and Huawei Southeast Asia have signed a financing agreement to help fund Huawei’s business expansion in the ASEAN region, particularly Thailand.

Huawei’s Carrier Network, Enterprise, and Consumer Business groups recorded sustained growth in 2014. Revenue at Huawei’s Carrier Network business increased by approximately 15% over the previous year.

The main drivers of the growth were a steady increase in 3G investment and the jump in 4G investments across the globe.

Huawei’s Enterprise Business grew by around 27%. The business now serves more than 100 of the world’s top 500 companies. Original post at Telecom Asia

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Wahengbam Rorrkychand

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