GEC NEWS WIRECalls for Industry Collaboration and Regulatory Support for Broadband Business Innovation at the ITU Telecom World 2014
Huawei showcased its vision of “Building a Better Connected World” at the International Telecommunication Union (ITU) Telecom World 2014 in Doha, Qatar being held from December 7-10, 2014, outlining a more convenient and smarter lifestyle featuring futuristic 5G connectivity technologies, ubiquitous broadband connectivity, and connected smart cities and smart homes.
At the forum, Mr. Ken Hu, Huawei Deputy Chairman of the Board and Rotating CEO, said,“In the future, broadband networks will continue to be the critical infrastructure that enables content providers, app developers and network operators to collaborate and engage in joint business innovation.”. “I believe that the model of innovation in the future would be featured by mesh-shaped new partnerships, enabling any party along the value chain to participate and innovate. I would suggest all stakeholders to focus less on competition, but more on cooperation. The future of innovation for broadband can create diverse value for multiple winners including customers, enterprises, and investors.”
Mr. Hu also called for support from the regulators, “Looking forward, I anticipate regulators to encourage technology, business model, as well as investment model innovations related to broadband network deployment and utilization, paving the way to rejuvenating global broadband development.”
Mr. Houlin Zhao, Deputy Secretary-General and next Secretary-General, ITU, noted, “Broadband networks form a key driver for a country’s socioeconomic growth. Cross-industry collaboration and innovation are crucial to achieving digital inclusion for all. Huawei has supported the ITU in building a connected world and making lives better. At this year’s annual meeting, the ITU named Huawei as a Strategic Partner in recognition of its significant contributions to and achievements in telecom initiatives worldwide. We look forward to broader collaboration in the industry to take society into a digital future.”
