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Winning bidder Huawei forecasts big jump in sales to B10bn.

Bangkok Post (Bangkok, Thailand)

| February 05, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Komsan Tortermvasana

Feb. 5--The Chinese telecom giant Huawei forecasts revenues to nearly double to 10 billion baht or more this year from its operations in Thailand after winning the bid for the nationwide CDMA mobile network expansion project last week.

The company yesterday officially signed the 7.199-billion-baht contract with CAT Telecom for the expansion project at a ceremony presided over by Dr Surapong Suebwonglee, the Information and Communications Technology minister.

Huawei Technologies Thailand's managing director Yang Shu, who has kept a low profile since it was announced that his company had won the CDMA contract, said ...

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Source: HighBeam Research, Winning bidder Huawei forecasts big jump in sales to B10bn.

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