Huawei, the world’s largest telecommunications equipment vendor, said more than half of the contracts it has signed so far to supply next-generation 5G gear are with European operators.
The Shenzhen-based company, which leads in global 5G equipment sales, did not disclose the names of its partners. Huawei’s major competitors in network development, Finland’s Nokia and Sweden’s Ericsson, had secured 43 contracts and 22 contracts as of the end June, respectively. Huawei’s crosstown rival, ZTE, has publicly announced 25 commercial deals.
Europe, which has generally resisted pressure from the US to shut out Huawei, is an important market that the company could not afford to lose after a series of bans in North America and Oceania.
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