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Huawei, Global Marine Systems in telecom JV
Huawei estimates sales to climb 35% despite crisis

Huawei Submarine wins Tunis Telecom undersea cable deal

By Li Weitao (chinadaily.com.cn)
Updated: 2009-03-06 17:44

Huawei Submarine, a joint venture between Chinese flagship telecom equipment maker Huawei Technologies and UK-based marine engineering company Global Marine Systems, has won a contract to build a undersea cable project in Tunis.

The 170 km undersea cable linking Tunis and Italy is likely to be completed by the end of this year.

The contract marks a major deal for Huawei which launched the joint venture with Global Marine last December to take advantage of the global undersea network market where annual spending will average $2 billion in four years, according to telecom research firm T Soja and Associates Inc.

The value of the contract was not disclosed.

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