25 Feb 2011
Huawei dominated the headlines this week after walking away from its purchase of 3Leaf, blocking the sale of Motorola’s wireless assets to NSN in the US and winning a major contract to strip out Vodafone Australia’s entire network.
The Chinese vendor executed a swift about turn over the 3Leaf acquisition, abandoning its $2 million buyout of the US server firm following a probe by the US Committee of Foreign Investment (Cfius).
Huawei walked away just a week after vowing to take its fight over the May 2010 acquisition all the way to President Obama, however the BBC speculates it could be eyeing a UK firm instead.
Bharti Airtel and 16 carrier partners opened a new $700 million cable linking Mumbai to London for business. The 15,000 km Europe-India Gateway (EIG) offers capacity of 3.84 terabits per second, and has landing points in the Middle East and Africa.
Analysys Mason predicted the global telecom software market will be worth $29.5 billion by 2014, with 7% CAGR over the period.
AT&T is reportedly mulling a return to India, following suggestions the country will see commercial LTE services before Europe.
Vodafone Australia announced a complete overhaul of its network, contracting Huawei to replace all 2G and 3G base station kit. The carrier has been heavily criticized for poor network coverage and customer service.