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Consolidation in China
By Mark Evans | August 30, 2006
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.
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Topics: M&A |
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