5G market in India will be second only to China: Huawei

Barcelona: The market for 5G, the next generation wireless technology, in India will be huge and second only to China from an overall industry perspective in the next 10 years, James Wu, President, South-east Asia, Huawei said on Sunday.

“India has a large population and huge telecom demand…recently 4G services have been rolled out which have improved overall economic performance. India is a very important market for Huawei and we have a long term strategy for the country and the investment here will continue to grow,” Wu told reporters at the Mobile World Congress in Barcelona.

The company, however, declined to share investment details for India.