Colombo, March 19 (newsin.asia) – China’s global telecommunications giant Huawei, has reiterated its commitment to grow in the Sri Lankan market and introduce the 5G technology this year, the Daily FT reported here Tuesday.
Huawei Technologies Lanka CEO Shunli Wang, quoted in local media reports said that Huawei had the potential to grow better in Sri Lanka with the government’s commitment and enterprises zeal to embrace digitization.
Huawei, posted a global revenue of 102 billion dollars in 2018, with Sri Lanka being among its main markets.
In recent years it has launched MIMO (multiple input, multiple output) technology for home broadband service via wireless LANs, 3G mobile phone networks, and 4G mobile phone networks, as well as CloudAir, Huawei’s innovations in the field of radio air interfaces.
Wang said following commercial success in Sri Lanka, Huawei had rolled out MIMO and CloudAir in other parts of the world including developed markets.
Wang further said that in 2019, Huawei would focus on four areas in Sri Lanka. Firstly, investment in knowledge transfer and human capital development, introduce latest technologies such as 5G, IOT, AI and Cloud to help widespread digital transformation, share and facilitate global expertise for ICT development; and offer Smart City solutions.
“All of these initiatives will create jobs, improve efficiency, reduce cost for businesses and enhance convenience to people,” Wang said.
Whilst Huawei serves 70 percent of the population in Sri Lanka through the solutions and equipment via telecom operators, it helped Sri Lankan telecom carriers to become the first in South Asia to start commercial operations of 4G-LTE services, after introducing 3G in 2006.
Recently, Sri Lanka’s Minister of Digital Infrastructure and Information Technology Ajith P. Perera and Minister of Telecommunication, Foreign Employment and Sports, Harin Fernando had endorsed Huawei and confirmed no security concerns on Huawei or Chinese products being used in Sri Lanka.