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Nokia wins first 5G radio contract in China

Nokia on Monday won its first 5G radio contract in China, 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.

Nokia wins first 5G radio contract in China

FILE PHOTO: Visitors gather outside the Nokia booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez/File Photo

STOCKHOLM: Nokia on Monday won its first 5G radio contract in China, 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.

As is customary, Chinese companies took the lion's share of the order. Huawei took a majority share in all three contracts, followed by ZTE, according to a document https://b2b.10086.cn/b2b/main/viewNoticeContent.html?noticeBean.id=773468 published by China Mobile.

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 10per cent share in one of the three contracts, while Ericsson got 9.6per cent 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.

(Reporting by Supantha Mukherjee, European Technology & Telecoms Correspondent, based in Stockholm; Editing by Kirsten Donovan)

Source: Reuters

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