Huawei wins in Bangladesh

4 Jun 2008

GrameenPhone, the largest cellular operator in Bangladesh in terms of subscribers, has awarded a network expansion contract to Chinese equipment vendor Huawei Technologies. Though the firms did not disclose the value of the deal, a report from Reuters cites company sources who say the contract is worth in excess of USD500 million over three years. ‘The contract reflects Huawei’s leading position as a network infrastructure supplier and is expected to help GrameenPhone meet growing capacity requirements,’ the companies said in a joint statement on Wednesday. GrameenPhone claimed 17.8 million subscribers and a 47% share of the Bangladesh mobile market at the end of March 2008, according to TeleGeography’s GlobalComms database.

Bangladesh, GrameenPhone,

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