TMCNet:  Huawei Eyes 10%-15% Market Share in Philippines

[December 12, 2012]

Huawei Eyes 10%-15% Market Share in Philippines

SHENZHEN, Dec 12, 2012 (SinoCast Daily Business Beat via COMTEX) -- Huawei Technologies Philippines, Inc. yesterday claimed to be able to take 10%-15% share in Philippines' telecom equipment market from 2013 or increase the current market share by three times, according to foreign media.

In addition to the establishment of partnerships with Globe Telecom, Digitel, Philippine Long Distance Telephone Company (PLDT) and PLDT's affiliate Smart Communications, the strategies of Huawei also include the enlargement of distribution network by establishing self-owned exclusive stores.

A person in charge of Huawei Technologies Philippines said that the company hoped to keep the forecasted revenue growth until 2013, that is, to increase the revenue by 100% from USD 65 million in 2011 to USD 130 million in 2012.

Source: (December 12, 2012)

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