Huawei expects contract sales in Asia Pacific to grow by 55 percent to hit USD2bn in 2006. The company announced that its contract sales in Asia, excluding China, Japan South Korea, Taiwan and Hong Kong, is expected to jump to more than US$2bn this year from US$1.29bn in 2005. Huawei sees the future drivers of its business as being next-generation networks (NGN) for both fixed and wireless carriers. The company has made significant traction in this area as evidenced by its contract wins with the likes of TT&T in Thailand, TM & TIME in Malaysia, PTCL & TELIPS in Pakistan and JTB in Brunei. Huawei also won four 3G contracts in Asia Pacific, including B-Mobile in Brunei, Celecom in Malaysia, NTS in Indonesia and Econet in New Zealand.
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