2009 growth for Huawei, ZTE?

Most of the telecom industry's vendor community is preparing for another downturn to be marked by shrinking carrier capex. But Chinese vendors Huawei Technologies and ZTE both are talking about potential growth in 2009, along with the likelihood that they will meet their 2008 goals, according to Light Reading Europe. The mobile broadband push in China is believed to be at least part of the reason for the bullish attitude, as well as projects in other emerging markets, such as India.

Huawei is believed to be one of the bidders for Nortel Network's Metro Ethernet division. It's always a question whether a downturn that hurts many companies actually creates new opportunities for others, but perhaps the general weakness of the market will allow a few more opportunities for vendors such as Huawei that originally found a name in new markets by touting lower prices. Other network equipment vendors like Alcatel-Lucent and Nokia Siemens Networks already are tightening their belts in anticipation of a tough market in 2009.

For more:
- Light Reading Europe has this report

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