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5G: Nokia and Ericsson still struggling in the Chinese market

News Snapshot:

3% is the share that the Swedish Ericsson won on Monday on a new contract to allocate 5G antennas in China for China Telecom and China Unicom. On this same contract, the Finnish Nokia… obtained nothing. A large majority has been attributed to the Chinese Huawei and ZTE, and to a lesser extent to Datang Telecom. A week ago, the two equipment manufacturers had done little better. Nokia won a 4% stake in a similar contract from China Mobile, the country’s leading operator; Ericsson only 2%. Suffice to say that China is far from favoring European equipment manufacturers. Yet Ericsson…

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