Companies / Venezuela
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CANTV Confirms Network Upgrade With Help Of Huawei
September 2006 | Contract NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Chinese telecoms equipment vendor, Huawei Technologies has landed its largest-ever Latin American order. The contract was awarded by Venezuelan incumbent CANTV, which paid US$50mn for the transition of its outdated analogue network to an IP-based next-generation network (NGN). The vendor will be entrusted with helping the operator continue to secure its top position as the leading fixed-line provider. However, the contract is also tells us about Venezuela's existing market conditions.