HUWAI, TELECOM SERVICE PROVIDER INVEST $1BILLION TO PROPEL PROGESS IN DIGITIZATION
Omooba Risawe
A leading telecom service and solution provider, Huawei said it is going to invest $1billion in the next three years, to propel progress in digitization solution to build business and technical capabilities.
The Southern African President of the company,Li Peng made the disclosure at the Telecoms Industry Operations Transformation Forum , tagged ‘AfricaCom’, which took place in Cape Town, South Africa.
‘As a leading telecom service and solution provider, Huawei plans to invest 1 Billion USD in the next 3 years, to propel progress in digitization solution to build business and technical capabilities’,Peng said
He opined that Digital transformation will create long term value for Telecoms and their companies,with the mindset that this should be geared towards creating long term strategic value both for the telecom and its customers.
“As global voice revenue and growth is declining, data and digital services are now driving revenue growth’,he noted.
‘Digital operations transformation is crucial for operators’ business growth and evolution and digital operation transformation must return to the commercial nature, what specific problems to be solved and what value to be delivered’,Peng stated.
He diclosed that,Huwait ICT Company has identified three key elements for Digital Operations Transformation, explaning that these are: a set of Industry-based best practices and methodologies, open industry reference models and a series of executable targets.
“Operators can maximize value and efficiency through digitization and it is ready to partner with our customers and third-party partners to walk this journey of digitalTransformation together”,he declared.
He also stated that,Huawei as a leading Chinese ICT solutions provider, has developed a set of effective digital transformation methodologies and solutions which are aimed at assisting operators.
‘The key benefits are geared towards releasing network value, improving subscriber loyalty, optimizing operating efficiency and accelerating digital operation transformation’,he explained.
