China's Huawei Gains USD100 Million Contract From 2degreesMarch 11, 2011 | Print | Comments | Category: Business, Telecom & Wireless
Chinese telecom equipment maker Huawei Technologies has announced that it has signed a USD100 million contract with the New Zealand-based mobile network 2degrees to help the company upgrade its network over the next two years.
Eric Hertz, chief executive officer of 2degrees, said that the investment will ensure the company's network is ready to handle the requirement of the fourth-generation smartphones. It is learned that 2degrees already provides its customers with nationwide 2G and 3G mobile services via its own network and commercial roaming.
Hertz said that they are conscious that they need to build networks that deliver on tomorrow's speed and capacity demands, so being able to upgrade to 4G via a software activation rather than a network rebuild is especially important.
Winning the deal following a competitive process, Huawei will provide a turn-key project solution to meet 2degrees' development requirement. Arthur Zhang, Huawei New Zealand CEO, said that the fact that 2degrees has chosen Huawei as its partner for the building of phase two of its network marks a vote of confidence in Huawei's technology and its ability to build a world-class network for 2degrees' customers.
One Response to “China's Huawei Gains USD100 Million Contract From 2degrees”
Leave A Comment:
- What Chilling Effect Would Alibaba's Investment Have On Free Media?
- Apple Malware Infestation In China Shows Companies' Weaknesses
- How Many Ways Can Airbnb Fail (Or Succeed) In China?
- China's Great Cannon Raises Questions For China's Top Search Engine
- What Twitter Can And Can't Do In Hong Kong As It Views China
- Cheetah Mobile Appoints Tencent's Li Zhaohui As Director
- Lenovo Reports First Quarterly Losses Over Past Six Years
- NetEase Invests USD25 Million In Finnish Gaming Start-up
- Chinese E-Commerce Eyes Stability During Year's Biggest Shopping Day
- China's ZTE Net Profit Up 42% In First Three Quarters Of 2015