Huawei Aims to Double 4G Revenues in 2014

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Huawei expects that revenues from its 4G sales will double next year to at least USD4 billion David Wang president of Huawei Wireless Network told reporters in Shanghai.

This year the company expects to have sold around USD2 billion worth of LTE based network equipment.

Huawei had signed 241 LTE deployment contracts in total up to the end of last month and says that it has deployments in nearly half of the 244 commercially launched LTE networks worldwide.

The company claims 110 deployments, compared to 100 from Ericsson, making it the largest winner of LTE contracts by contract volume. Financial volume was not compared.

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