Huawei Aims to Double 4G Revenues in 2014
Published on: 23rd Dec 2013
By: Ian Mansfield
Huawei expects that revenues from its 4G sales will double next year to at least US$4 billion David Wang president of Huawei Wireless Network told reporters in Shanghai.
This year the company expects to have sold around US$2 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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