The consolidation of the global telecom equipment market is even happening in China where Huawei plans to acquire Beijing-based Harbour Networks. Harbour, which specializes in data communications, was started in 2000 by former Huawei employees. According to emsnow, Huawei has a full plate this year as its expands domestically and internationally. The company is beginning to strike partnerships with global equipment suppliers such as Siemens, although a broadband joint venture with Nortel fell apart earlier this year.
Consolidation in China
The consolidation of the global telecom equipment market is even happening in China where Huawei plans to acquire Beijing-based Harbour Networks. Harbour, which specializes in data communications, was started in 2000 by former Huawei employees. According to emsnow, Huawei has a full plate this year as its expands domestically and internationally. The company is beginning to strike partnerships with global equipment suppliers such as Siemens, although a broadband joint venture with Nortel fell apart earlier this year.