Nokia wins first 5G radio contract in China

Tech

Reuters
19 July, 2021, 06:45 pm
Last modified: 19 July, 2021, 06:45 pm
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
The headquarters of Finnish telecommunication network company Nokia is pictured in Espoo, Finland April 27, 2017. Lehtikuva/Vesa Moilanen/via REUTERS

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 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. 

Related Topics

World+Biz / China

China / Nokia

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.