World’s biggest telecom vendor

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Huawei on Tuesday reported revenues of 102.7 million renminbi, or U.S. $16.1 billion, for the first six months of 2012. That would seem like a perfectly ordinary quarter for the giant and growing Chinese telecom vendor, but there is something particularly significant of about this earnings report. According to some quick calculations made by Light Reading’s Ray Le Maistre, Huawei’s sales have surpassed Ericsson’s, making the privately held company the largest telco infrastructure maker in the world.

By huaweico

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