fbpx
Business

Nokia surpasses Huawei, Ericsson 5G contracts globally

Nokia says it has acquired more 5G contracts to surpass Huawei and Ericsson.

The company now has 42 commercial 5G contracts, putting the Finnish company ahead of competitors Huawei and Ericsson, Frederico Guillen, Nokia’s director, told Reuters.

Huawei has an estimated 40 commercial contracts. Ericsson, meanwhile, has 19, eight of which are live.

Guillen said Nokia has seen increased interest from European countries that have been debating whether or not to use equipment from Chinese vendors in their networks.

“Where we are starting to see traction is in countries where there are debates,” he said.

He added that many customers are thinking of using Nokia in more sensitive parts of the network, or the core.

“It’s a little early to quantify that, but in recent weeks we are starting to see that happen,” he said.

On June 4th, U.K. Prime Minister Theresa May’s office said she will speak to U.S. President Donald Trump on her country’s position on Huawei.

In Canada, tensions with Huawei began in December when CFO Meng Wanzhou was arrested in Vancouver. The U.S. has charged Meng, Huawei and subsidiary Skycom with 13 counts of bank and wire fraud. Huawei denies the accusations. Meng is expected to learn more of her extradition in court in September.

This comes after the U.S. ban of Huawei, leading several major U.S. companies, like Google, to break ties with the company. If you have a Huawei phone, here’s a break-down of what will happen in August with your phone in Canada.

Source: Reuters

MobileSyrup may earn a commission from purchases made via our links, which helps fund the journalism we provide free on our website. These links do not influence our editorial content. Support us here.

Related Articles

Comments