E.Ricsson has wanted to prove for months that the company is on the highly competitive 5G market can keep up with the industry leader Huawei. And the Swedes are reporting successes: They signed the 100th commercial agreement with Telekom Slovenije, a telecommunications company from Slovenia. Ericsson also scored points in the home of Huawei: by accepting strategically important 5G orders in China. This reduces the margin, as the provider gave its customers higher discounts to gain a foothold in the important market. But the effort may pay off: Ericsson expects it to generate lucrative follow-up orders.
5G technology: who is playing in the world market?
The 5G mobile communications standard is technically complex; companies are investing billions in research, for example. In addition to the Chinese companies Huawei and ZTE, Ericsson and Nokia from Scandinavia and Samsung from South Korea are driving the development. US providers such as Cisco and Aruba Networks (Hewlett Packard Enterprise) only play a role in marginal areas.