Huawei selected as 'Next Generation Network Vendor of the Year' and 'Business Development Strategy Leader' by Frost & Sullivan

Huawei Technologies Co., Ltd. (Huawei), a leader in providing next generation telecommunications network solutions for operators around the world, today announced that it has received two 'Best Practices Awards' from Frost & Sullivan, the Growth Consulting Company: the 'Next Generation Network Vendor of the Year' and the 'Business Development Strategy Leadership Award', in recognition for excellent performance in the highly competitive NGN equipment market and outstanding business strategy implementation in Latin America.

"The Awards recognize Huawei's ability to best perceive consumer needs, develop products and services that meet these needs, successfully introduce them to the industry, and identify new market segments to expand the existing customer base", explains Eduardo Dubin, Industry Analyst for the Enterprise Communications and Networks group, Frost & Sullivan. "Through a combination of vision, technology, sales strategy and successful marketing, the company has demonstrated excellence in performance and superior market growth".

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According to Carla Zarza, ICT Research Director for Latin America at Frost & Sullivan, "Huawei has a set of business practices that have enabled the company to achieve an excellent market position. This success is demonstrated in terms of revenue growth, closed deals, and an increase in market share in the competitive environment."

"We are very pleased to receive this recognition from Frost & Sullivan," Commented Mr Wang Jiading, President of Middle East and Gulf. "These awards recognize our successful business strategy and showcase our continuing efforts to focus on customers' challenges and requirements, providing competitive telecommunication solutions and services, and consistently creating maximum value for customers."

The Frost & Sullivan Awards, introduced globally five years ago, are presented to companies that demonstrate best practices in their industry, commending their diligence, commitment, and innovative business strategies required to advance in the global marketplace. A Panel of Judges comprised of senior Latin America team members select the award recipients from nominated companies identified through research process.