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ELKO in Huawei Russia distribution deal

Difficult markets and fierce local competition don't stop a new channel deal

ELKO Group has a new deal to distribute Huawei smartphones and tablet PCs in Russia. Russia is currently a difficult market, as recent results from rival ASBIS show with a 60% yr/yr fall in sales in the last quarter.  Phones may be one of the few grwoth sectors.

Sam Yuan, general manager of Huawei Consumer Business Group in Russia: "ELKO is a well known company on the market and we are now very happy to be partners. I’m sure that such partnership will bring more profit to Huawei and help us to strengthen our position on the Russian market".

Aleksandrs Orlovs, ELKO Group Distribution Director comments:  "We are glad to add to our Russian market portfolio products of the global provider of ICT solutions and leader in the mobile device market – Huawei. I am sure that together we will satisfy the growing demand in the market of smartphones and tablet PCs, providing excellent devices in the most market segments for attractive price to consumers".