First they went out and snagged British Telecom, and today comes news that Huawei is about to announce a major deal with Spain’s Telefonica is going to be buying its gear. Despite being dismissed as low end provider by most US equipment majors, Chinese upstart is marching through Europe like General Patton’s army. Marconi, clearly is the first victim in this Chinese march for telecom domination. In five years, Huawei’s European operations have gone from couple of people to a thousand, and the region now accounts for 7% of total Huawei sales. Also, The New Telecom World Order.
“China’s Huawei Technologies was picked up to build up the network of Bulgaria’s third GSM operator after Viva Ventures remitted the negotiated price of BGN 54,160,000, as part of the ground-breaking privatisation deal.”
http://novinite.com/view_news.php?id=42782
Huawei has some nice products as compared to Ericsson, Nortel, Motorola, and Nokia . . .