Friday, 24 November 2017

MWC 2017: Huawei CEO eyes $1trn video opportunity

By Nick Wood, Total Telecom in Barcelona
Wednesday 01 March 17

Chinese kit maker believes video will account for 50% of mobile revenues by 2020.

Huawei's deputy chairman and rotating CEO Eric Xu on Tuesday said video represents a $1 trillion revenue opportunity for telcos. Entertainment video will account for the lion's share – a whopping $650 billion – he said in a keynote presentation at Mobile World Congress. Industry video &ndash…

Huawei's deputy chairman and rotating CEO Eric Xu on Tuesday said video represents a $1 trillion revenue opportunity for telcos. Entertainment video will account for the lion's share – a whopping $650 billion – he said in a keynote presentation at Mobile World Congress. Industry video &ndash…

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