|Visitors gather outside the Nokia booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. (File photo by=REUTERS/Sergio Perez)|
[Asia News = Reporter Reakkana] 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.
Since it’s 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 published by China Mobile. Nokia, which didn't secure any 5G radio contracts in China last year, got a 10 percent share in one of the three contracts, while Ericsson got 9.6 percent 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. Meanwhile, 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.