Huawei: Mobile communications sector is more attractive area for investments

16:44 - 16.05.2023


May 16, Fineko/abc.az. The mobile communications sector is the most attractive industry for investments.

ABC.AZ reports that An Jian, the president of Huawei's Operator Business Group in the Middle East and Central Asia, informed about this during Baku conference GSMA M360 Eurasia 2023.

According to Jian, every dollar of investments in the mobile communications sector will lead to profit of $3 and in developing countries - $4 or more.

"5G in three years has allowed us to achieve what was done through 4G in five years. Today, the number of users of this network is growing rapidly, as well as the number of corporate users is growing," An Jian said.

In China, according to Jian, today 5G is used by more than 1 billion subscribers.

"We can use 5G technologies in all areas, both in everyday life and, for example, in the industrial sector," he emphasized.