Africa: A to Z(TE)

Via Stratfor (subscription required), an interesting look at the plans for Chinese telecommunications equipment company ZTE and Libya’s telecom regulator to build the first-ever WiMAX wireless commercial data network in Africa. While the project is intriguing in and of itself, of more note is the fact that this an early example of the coming wave of global Chinese service exports versus its traditional role as a goods/products exporter. Indeed, we believe more and more Chinese entities will emerge around the world as service operators (i.e. telcos, banks, professional services, etc.) in the months ahead. As the Stratfor analysis notes:

“…[ZTE's] movements are worth keeping an eye on. ZTE is one of the telecommunications front-runners that Beijing is sponsoring in its bid to nurture internationally competitive Chinese telecom players. The company also is a good example of one of China’s non-energy firms that has successfully weathered political risk and turbulence abroad.

…ZTE is using developing markets such as Libya as testing grounds for its higher-technology wares while simultaneously beginning to test lower-technology products in developed markets. (The company also has said it plans to sell its handsets in the United States through MetroPCS.) If it continues to prove adept at dealing with uncertainty in markets such as Libya, ZTE could soon be leading Chinese telecoms’ push into Africa.”



This entry was posted on Saturday, January 12th, 2008 at 12:28 pm and is filed under China, Libya, ZTE.  You can follow any responses to this entry through the RSS 2.0 feed.  You can leave a response, or trackback from your own site. 

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About This Blog
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.