Telecom equipment and software major Huawei said its revenue was CNY 521,574 million (+32 percent) in 2016 – fuelled by 23.6 percent growth in carrier business.
Huawei generated CNY 290,561 million (+23.6 percent) revenue from Carrier Business, CNY 40,666 million (+47.3 percent) from Enterprise Business and CNY 179,808 million (+43.6 percent) from consumer business in 2016.
Huawei’s 2016 carrier business revenue of CNY 290,561 million or $42.16 billion is well ahead than Ericsson and Nokia, its main rivals in the telecom equipment space. Ericsson posted SEK 222.6 billion or $24.93 billion from networks, IoT and cloud and media business. Nokia Networks business generated revenue of EUR 21,799 million or $23.27 billion in 2016.
Top vendors carrier business revenue in 2016
1. Huawei $42.16 bn
2. Ericsson $24.93 bn
3. Nokia Networks $23.27 bn
Huawei has generated CNY 236,512 million (+41 percent) revenue from China, CNY 156,509 million (+22.5 percent) from EMEA, CNY 67,500 million (+36.6 percent) from Asia Pacific, CNY 44,082 million (13.3 percent) from Americas, CNY 16,971 million (+50.4 percent) from others in 2016.
Huawei generated CNY 236,512 million in revenue from the Chinese market thanks to 4G network rollout, sustained growth in the smartphone sector, and its growing capabilities in enterprise and industry solutions.
Huawei earned CNY 156,509 million in revenue from Europe, the Middle East, and Africa (EMEA) primarily due to growing share of the smartphone market.
Due in large part to network infrastructure build-out in markets like India and Thailand, and growing share in the Japanese tablet market, Huawei maintained its growth momentum in the Asia Pacific Region and achieved CNY67,500 million in revenue, up 36.6 percent year-on-year.
In the Americas, carriers in Mexico increased their investment in communications networks, enabling Huawei to earn CNY44,082 million in revenue from this region, up 13.3 percent over 2015.
Huawei carrier business highlights
Huawei deployed over 60 4.5G networks. Huawei helped carriers expand their business scope beyond the traditional Business to Customer (B2C) services to also include Business to Home (B2H) and Business to Vertical (B2V) services.
Huawei’s wireless home broadband solution known as wireless to the x (WTTx) has been deployed by over 100 carriers in Asia-Pacific, Africa, Latin America, and Europe, among other regions, providing broadband services for more than 30 million households.
Huawei said its innovative Lean GU900 and multi-sector solutions have helped over 100 carriers in Southeast Asia, the Middle East, Africa, and South America maximize network value. In particular, Huawei’s multi-sector solution can help increase single-site capacity by a factor of 3.5.
By the end of 2016, Huawei had deployed over 190 mobile backhaul networks in over 100 countries, serving one-third of the world’s population.
Huawei signed memorandums of understanding with 20 carriers around the world in an effort to build a robust smart home ecosystem.
Huawei has signed more than 170 contracts relating to commercial cloud networks worldwide.
Baburajan K
editor@telecomlead.com
