Huawei partners cooperatives in wireless venture

28 Jun 2005

Chinese equipment manufacturer Huawei has entered into a partnership with Argentine telecoms cooperative associations Fecotel and Fecosur to set up a factory in Buenos Aires producing wireless and broadband equipment. Huawei has agreed to provide the cooperatives with USD1 million in cash and equipment to launch wireless in the local loop (WiLL) operations in several areas of the country in the fourth quarter of this year.