Chinese tech giant Huawei enters Nepal’s market

Thomas D'Innocenzi

Screen shot 2014-02-05 at 10.47.08 AM

Huawei, a Chinese global information and communications technology (ICT) solutions provider, has officially entered into Nepal’s market, on February 4, 2014.

Speaking during the launching program held in Kathmandu, Huawei representative Mr. Li Ji said that the Chinese tech giant in partnership with Nepal Telecom, the country’s state owned telecommunication service provider, has the potential to bring a positive change in the lives of Nepalese nationals.

Chinese Ambassador to Nepal Wu Chuntai remarked that in the 21st century communicating is the key for productivity and growth of one’s country.

“The cooperation between Huawei and Nepal Telecom will bring benefits to telecommunications consumers as well as boosting Nepal’ s economic development,” says Wu.

According to the Nepal Telecom Authority mobile penetration reached 72.58 percent in the country. Similarly, internet penetration in Nepal increased from 19.92 percent to 27.92 percent in the first quarter of the current fiscal year. Of the 7.3…

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