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Articles tagged with: 3com and Huawei
Huawei Starting to Win Network Contracts in the USA
China's Huawei is reported to be finally making significant progress in cracking the US market, where it has had problems in the past thanks in part to security concerns over allegations of links to the Chinese government. The company has always denied the allegations. more
Related Tags: google, intel, wimax, clearwire, tim, wall-street-journal, ovi, iden, cox-communications, sprint, USA
Bain and Silver Lake Leading Bidding for Huawei's Mobile Phone Division
Private equity groups lead by Bain Capital and Silver Lake Partners are reported to be leading the lengthy negotiations to take a stake in Huawei's mobile phone division. Closes close to the talks told Bloomberg news that General Atlantic has withdrawn from the discussions. more
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Huawei to Step up European Sales Efforts
Huawei Technologies plans to increase its sales efforts in Europe after achieving sales of US$2 billion in the region last year. Speaking to the Financial Times, Zhou Ming Cheng, Huawei's European marketing director said that the company aims to increase its sales further, which had already more than doubled from the US$770 million achieved in 2006 more
Related Tags: asia-pacific, hspa, nokia-siemens-networks, siemens, alcatel-lucent, alcatel
Bain and KKR Shortlisted as Huawei Investors
It has been reported that Bain Capital and Kohlberg Kravis Roberts are amongst the short list to take an equity stake in Huawei's mobile phones division. The company is looking to offload a stake in the company, party to increase its profile as a legitimate business when seeking overseas investments. more
Related Tags: goldman-sachs
Vodafone Named as Possible Bidder for Huawei's Handset Division
Vodafone and AT&T have been named as possible buyers for a 50% stake in Huawei Technologies' handset division, which was put up for sale last week. The sale is expected to raise upwards of US$2 billion for the company - while also making it easier for the firm to overcome US concerns about security issues with the Chinese owners. more
Related Tags: m1, hutchison-3g, rcom
Huawei Considers Selling Stake in Mobile Phones Division
China's Huawei is reported to be considering selling a stake in its mobile phones division to foreign investors in exchange for access to the US market. The company was recently thwarted in its attempt to take a minority stake in US based 3com following a backlash from US politicians over company founder and president Ren Zhengfei's military background. more
Related Tags: hutchison-3g, wall-street-journal, China
Bain Drops Request for US Approval of 3Com Deal
3com has announced that the company along with affiliates of Bain Capital Partners and China's Huawei have withdrawn their joint filing to the Committee on Foreign Investment in the United States (CFIUS) concerning the parties' proposed merger transaction. The parties remain committed to continuing discussions. more
Related Tags: USA