Telecom Signaling Industry News

TMCNet:  Telecom firm confident about growth target [China Daily: Hong Kong Edition]

[July 21, 2014]

Telecom firm confident about growth target [China Daily: Hong Kong Edition]

(China Daily: Hong Kong Edition Via Acquire Media NewsEdge) Huawei Technologies Co Ltd, the world's No 2 telecom equipment maker, said on Monday it will achieve sustainable growth in 2014 after posting a 19 percent jump in first-half revenue to 135.8 billion yuan ($21.88 billion).

The Shenzhen-based company also said it expected to generate an operating margin of 18.3 percent in the first six months of 2014.

The company did not elaborate in its brief statement.

"Driven by increasing investments in LTE networks worldwide, Huawei has further solidified its leadership position in mobile broadband," Huawei's Chief Financial Officer Cathy Meng said in the statement.

"Rapid growth in software and services helped maintain steady growth in our carrier network business." Meng said Huawei achieved "sustainable growth" in its consumer business, which includes smartphone manufacturing, thanks to better brand awareness.

Huawei's sales growth during the first six months, which the company said was in line with its expectations, comes after a 222 percent to 270 percent jump in first-half net profits that was flagged by crosstown competitor ZTE Corp last week.

ZTE attributed the growth to improving margins and revenue from new contracts for China's next-generation telecom network.

Last year, Huawei reported a 10.8 percent rise in its first-half revenue.

Huawei earlier this year set a revenue target of $70 billion yuan by 2018, or annual growth of about 10 percent a year, after posting 8.6 percent growth last year.

Reuters (China Daily 07/22/2014 page16) (c) 2014 China Daily Information Company. All Rights Reserved. Provided by SyndiGate Media Inc. (

[ Back To Telecom Signaling's Homepage ]

Featured Events

5G NA Signaling Day

November 14-16, 2016
Sheraton Dallas, Dallas, TX

Featured Webcasts

Securing The Signaling Interconnect: Oracle's Perspective On Recent Security Events

Today's telecommunications landscape is changing rapidly, and the "institution" of trust between networks that has been assumed over the decades is no longer relevant. We are now hearing of vulnerabilities in CSP interconnection points that have been known ...

Applications of Wi-Fi Calling

With all of the discussion about faster data access and richer content, it could be assumed that voice services no longer play an important role in the business model of the communications service provider. Join ReThink Technologies Research and Oracle Communications as we explore ...

Featured Whitepapers

Oracle Communications Diameter Signaling Router Main Differentiators

Diameter is the protocol used by network elements in LTE and 3G networks to enable and monetize services, such as voice, video and data. Diameter enables revenue-generating data services; including tiered data plans, loyalty programs, application specific QoS, content provider and Internet of Things (IoT) solutions ...

Multi-Layer Security Protection for Signaling Networks

The sanctity of mobile operators' networks and brands will depend greatly on their ability to deliver QoS guarantees to roaming and interconnect partners, while simultaneously protecting increasingly multimedia-savvy and socially connected ...

Featured Datasheets

Oracle Communications Diameter Signaling Router

Centralizing Diameter routing with cloud deployable Oracle Communications Diameter Signaling Router creates a secure signaling architecture that reduces the cost and complexity of the core network and enables elastic growth, interoperability and rapid introduction ...

Oracle Communications Mobile Security Gateway

The Oracle Communications Mobile Security Gateway is a high performance gateway that allows the Communications Service Provider (CSP) to cost effectively expand network coverage and increase capacity by incorporating Heterogeneous ...

Oracle Communications Evolved Communications Application Server

As service providers drive their networks toward an all-IP and virtualized state, they require the means to design and deliver compelling high definition voice, video and multimedia offers via Voice over LTE (VoLTE) and Voice over WiFi (VoWiFi) ...

Featured Infographic