Nokia secures first 5G contract in China
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Nokia secured a 5G RAN contract for China Mobile on Monday, making this the company’s first 5G contract in the country.
Nokia was awarded a 10% share in one of three contracts tendered by China Mobile, while Ericsson obtained 9.6% of another contract. The total tender for all three contracts reached about $6 billion, with Nokia being awarded 4% of the overall tender. Comparatively, Ericsson was awarded 2%, dropping from about 11% last year.
Together, Huawei and ZTE won the majority share in all three contracts to build 5G 700 MHz base stations for China Mobile and China Broadcasting Network. This is followed by a smaller local company Datang Corporation.
China Telecom and China Unicom will also be disclosing awards of their respective 5G contracts.
Currently, China is ahead of other countries in 5G deployments. According to data from the Ministry of Industry and Information Technology, China had deployed 820,000 5G base stations by the end of March.
Questions & Answers
Q.What proportion of China Mobile's tendered 5G contracts did Nokia secure?
What proportion of China Mobile's tendered 5G contracts did Nokia secure?
Nokia was awarded a 10% share in one of China Mobile's three tendered contracts. This equates to 4% of the overall tender value for all three contracts, which totalled around $6 billion.
Q.Which companies won the majority of the 5G contracts tendered by China Mobile?
Which companies won the majority of the 5G contracts tendered by China Mobile?
Huawei and ZTE together secured the majority share across all three contracts. They will be responsible for building 5G 700 MHz base stations for China Mobile and China Broadcasting Network, followed by Datang Corporation.
Q.How many 5G base stations had China deployed by the end of March?
How many 5G base stations had China deployed by the end of March?
By the end of March, China had deployed 820,000 5G base stations. This data, from the Ministry of Industry and Information Technology, indicates China's advanced position in global 5G deployments.
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