August 12, 2012 - Huawei Technologies Co Ltd, the Chinese private telecom vender contending to clinch Ethio Telecom’s upcoming billions of dollars lucrative project against rival ZTE, the Chinese state-owned telecom equipment manufacturer, topped world’s leader Ericsson in half-year revenue, according to the Reporter.
The two, however, are neck and neck, according to freshly released reports, and a new contract or fluctuation in currency in countries the two companies are based and established could see them changing places once again.
Active in Ethiopia for several years now providing various telecom infrastructure and related services, Huawei is contending with ZTE for the USD 1.5 billion birr next generation network (NGN) project it completed a couple of months ago--to clinch what is said to be another billions of dollars telecom infrastructure project from none other than Ethio Telecom.
Ethio Telecom, the sole state monopoly currently managed by France Telecom, a.k.a. Orange, had earlier on issued a tender for a telecom infrastructure expansion project for which ZTE, Huawei and an Israeli telecom company, ECI, became the runner ups.
Now that the Israeli company had been disqualified during the technical evaluation of the respective proposals issued by the companies a couple of months ago, the two Chinese telecom makers are facing off each other to grab what will probably become the single biggest project the country has witnessed so far, according to sources.