Nokia SVP highlights 5G FWA, NaaS potential in Africa

Thousands of guests including industry leaders, technical experts, and partners from around the world, gathered in Paris last week at Huawei Connect 2024, to explore how digital and intelligent technology can accelerate Europe’s twin green and digital …

Data from Dell’Oro Group showed Huawei was the leading telecom equipment vendor by revenue in 2023, but the overall market had contracted 5% year-on-year, snapping five years of consecutive growth. 

Huawei reported net profit more than doubled in its 2023 financial year to CNY87 billion (US$13.4 billion) as it saw revenue growth across its multiple arms.