Huawei will lay approximately 1,000 km of optical cable, which will supply broadband internet to roughly 140,000 homes in Hungary, Huawei Technologies Hungary’s outgoing managing director Bin Yun Song said. Huawei has invested €200 mln in Hungary in the past decade, he added.
The company has partnered with local businesses Vodafone, for whom it is delivering a 4G mobile network, and Magyar Telekom to supply its IP-TV technology and network. Huawei will expand regional functions at its base just outside of Budapest, in addition to existing production and logistics activities. The center will handle returns, parts supply and service for all of Europe.
Officials in the US, UK, India, Canada and Austrialia have reportedly raised concerns about Huawei’s security, including making charges that the company assists the Chinese government in spying on its customers – charges the company denies.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
