Cisco CEO 'Would Love' to Team With Huawei
From CIO.com:
"John Chambers, Cisco Systems’ president and chief executive officer, would partner with Chinese rival Huawei Technologies if the opportunity ever arose.
"I would love to partner with Huawei," Chambers told reporters during a news conference at the Telecom World 2006 conference and exhibition organized by the International Telecommunication Union (ITU) in Hong Kong.
"That may or may not happen in the future," he said.
Huawei is based in Shenzhen, just across the border from Hong Kong, and has built a growing business on sales of telecommunications and networking gear. In addition to providing equipment to operators in China and in developing nations, Huawei has won significant deals from operators in Europe. In 2005, the company signed contracts worth US$8.2 billion, of which 58 percent came from outside China."
posted by Johannes @ 12:55 PM
2 comments
2 Comments:
While cisco systems may be a good company. I do Not believe that it is anymore than about an average stock as far as the expected returns go. I would prefer a company called PFS web Symbol {PFSW.} The Company provides business process outsourcing and ecommerce solutions in the United States, Canada, and Europe. The stock trades around 3.30 a share. I believe that the stock could get to 35 dollars over the next five years.
Hi great reading yoour blog
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