MUMBAI - India's Siemens Ltd. has entered into a marketing partnership with
Huawei-3Com to offer voice, data and video networking services to Indian
companies, a senior company official said on Friday.
The alliance would help the Indian unit of Germany's Siemens AG increase its
share in India's 10-billion-rupee convergent communication networks market from
the present 24 per cent, Executive Vice President Peter Gartenberg said.
"In India, there is a huge demand for networks that can carry increasing
data traffic and high quality voice and video," he told reporters.
"This is the segment that we are looking at tapping."
Competitors in the segment include Cisco Systems, Nortel Networks Corp and
D-Link India Ltd.
Huawei-3Com is a joint venture between U.S.-based communication equipment
company 3Com Corp. and China's leading telecoms gear maker Huawei Technologies.
The venture's Indian unit Huawei-3Com India Pvt Ltd, which would represent
its parent in the alliance, aimed to have an annual revenue of $100 million in
four years, the company's managing director, Eric Zhao, said.