Huawei wins 60 per cent of China Mobile’s 5G network in show of confidence for beleaguered telecoms equipment maker

Chinese telecoms equipment giant Huawei Technologies Co has secured the rights to build the lion’s share of 700-megahertz (MHz) 5G base stations for China Mobile, China’s largest telecoms operator, and the recently established China Broadcasting Network (CBN)Huawei won out over rivals ZTE, Ericsson China and Nokia Shanghai Bell, despite quoting higher equipment prices than all of them. The company snapped up the majority of three different contracts for separate regions of China, taking 61 per…

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