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ZTE India aims for INR 50 bln revenue for 2014

2013-12-02 11:20:00| Telecompaper Headlines

(Telecompaper) ZTE India aims to generate INR 50 billion (approx USD 801.85 mln) in revenues in 2014, indicating a revival of investment into building networks by operators, reports The Economic Times. As part of its retail expansion plans, the company will invest USD 10 million in marketing and branding initiatives in India. Chief executive Xu Dejun said that the firm had already clocked over INR 18 billion in revenues in the first half of the financial year and expected to close the year with a total revenue of INR 30 billion.

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