Huawei expects 4G equipment revenues to double
Huawei Technologies, the Chinese telecom equipment supplier, expects to double its 4G mobile network revenues, making them worth $4 billion next year, Telecompaper.com reported, on Dec 23.
According to David Wang, president of the Huawei Wireless Network, total wireless revenues are expected to reach $12.9 billion in 2014 or 1.2 billion more than for this year. The Chinese government gave 4G licenses its three major mobile operators earlier this year.