According to Downing Street's infrastructure plan, the UK requires £200bn of investment in transport, power and telecoms projects over the next five years and most of the funding will come from the private sector.
This will further increase their market share, to the disappointment of Western vendors that had hoped to benefit from China's adoption of 3G, one of the biggest telecoms projects in history.
At the same time ZTE (along with its domestic rival, Huawei), will benefit from one of the largest telecoms projects in history: the construction of China's much-delayed "third generation" (3G) mobile networks.In this section Meanwhile, in the real economy... Follow the money Shopped around Silent mode Boo hoo! Network effects Satellites?
It will go into telecoms projects like Artes to develop the next generation of satellites.
A bunch of nattily dressed Indians in wraparound shades turn out to be IT workers from Bangalore, who've come to "blow off steam" after finishing a big telecom project.
Similarly, Nicolas Di Nunzio, a telecom project manager in Montreal, was the winning bidder on a hug from the singer-actress Jennifer Lopez and a visit to the back lot of "Desperate Housewives," among other prizes.
James Amachi who runs the Xian office of GrapeCity, a Japanese IT outsourcing firm, says the domestic market is taking off sooner than he expected it to: "We thought it would be two or three years before we saw Chinese clients, but we are already working on a big domestic telecom project".Yet China is still five to ten years behind India, say most observers.
Extending his footprint outside Thailand, Thaksin has forged links with Singapore Telecom and Telekom Malaysia, and cooperates on telecom projects in Laos and Cambodia.
It is a situation that the strategy foresees will be tackled through better telecoms under Project Echo.
NTT simply handed off this predominantly telecom-oriented project to its data integration arm.
