Bookmark & share

Two "Best Practices Awards of 2007" presented to the company

[Sao Paulo, 8 November 2007] 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".

Huawei Technologies was selected based on in-depth research and tracking of the NGN markets in Latin America conducted by Frost & Sullivan's expert analyst team. The experienced analyst team provides deep understanding of the trends and activity in each of the ICT sectors.

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 Jiang Yafei, Huawei Latin America President. "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.


About Frost & Sullivan

Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com/.