Huawei Submarine Networks launched
Dubai, December 18, 2007
Huawei Technologies, a leader in providing next generation telecommunications network solutions, and Global Marine Systems have launched Huawei Submarine Networks.
Huawei Submarine is the culmination of the Memorandum of Understanding signed by both parties in March 2007 and will launch in early 2008.
Huawei Submarine, a new venture dedicated to developing the tools and infrastructure for future global communications, will deliver leading end-to-end submarine network equipment, and related services, enabling highly advanced communications capabilities on a global scale.
“Huawei Submarine Networks is a major focus for both companies and introduces a competitive new entrant into the submarine telecommunication market,” said CEO of Global Marine Systems Gabriel Ruhan.
The global switch to all-IP networks and explosive global growth in bandwidth requirements for broadband multimedia applications and high speed Internet are driving resurgence in telecommunications build out in certain geographic regions.
“Huawei is a trusted industry partner to many of the world’s leading telecommunication carriers and providers. There is enormous scope to improve the competitiveness of this market and with Huawei’s impressive global R&D and manufacturing capabilities and Global Marine’s broad submarine engineering expertise, we intend to improve value for customers by offering unique solutions for all our customers’ future network plans,” said CSO of Huawei Ping Guo.
Telecoms market analysts T Soja and Associates anticipate that annual global spend on this type of infrastructure will average $2 billion annually over the next five years. – TradeArabia News Service