and posted in Technology

Nokia has won its first 5G wireless network contract in China, securing a stake in one of China Mobile’s three new contracts.Chinese companies led by Huawei won the lion’s share of the deal, according to a document published by China Mobile.

China is ahead of all other countries in the use of 5G networks, making it one of the largest markets for telecom infrastructure companies.

Nokia won a 10% stake in one of the three contracts, while rival Ericsson got 9.6% of another contract.

The total value of the bid amounted to about $6 billion distributed among the three contracts, and Nokia received 4% of the total bid.