Nokia Wins First 5G Radio Contract In China
- ByStartupStory | July 19, 2021
Nokia won its first 5G radio contract in China on Monday, securing a share in one of China Mobile’s three new 5G contracts, while Nordic rival Ericsson lost market share after getting caught up in a political spat. According to a document published by China Mobile, as is customary, Chinese companies take the lion’s share of the order. Huawei took a majority of share in all three contracts, followed by ZTE.
Ericsson had been expected to be awarded a lower share of China’s 5G roll-out after Sweden decided to exclude Chinese vendors from its own networks. Nokia, which didn’t secure any 5G radio contracts in China last year, got a 10% share in one of the three contracts, while Ericsson got 9.6% of another contract. China’s other two largest telecom operators – China Telecom and China Unicom- will soon announce winners of the second phase of the 5G contracts.
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