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Chinese telecoms equipment giant Huawei Technologies Co has secured the offers to build the lion’s share of 700-megahertz (MHz) 5G base stations for China Mobile, the country'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 cent, 59 per cent and 58 per cent, according to the results released by China Mobile on . . .
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