FINNISH telecoms equipment maker Nokia said on Monday it has won a 5G contract worth about €400 mil (RM1.93 bil) from Taiwan Mobile to build the telecom operator’s next-generation network as the sole supplier.
A supplier to Taiwan Mobile’s earlier networks, Nokia will prepare for the deployment this month and complete the migration to 5G standalone within three years.
Nokia, along with Nordic rival Ericsson, has picked up most of the 5G contracts in Taiwan.
While Nokia also won 5G contracts from Taiwan Star and Chunghwa , Ericsson picked up the deal with Far EasTone and a part of the contract from Chunghwa.
To offset hurdles faced last year, the Finnish telecom operator has been scripting a turnaround by diversifying its chipset supply and grabbing 5G deals.
Earlier this month, Nokia picked up 5G contracts from Canada’s Bell Canada and Telus Corp, along with an order from a Singapore telecom operator.
However, Nokia did not win any 5G radio contracts from Chinese telecom companies – China Mobile, China Unicom and China Telecom – in recent bidding rounds, excluding a part of China Unicom’s 5G core network contract.
Huawei and Ericsson got all the 5G radio contracts from the three top vendors in China. – June 29, 2020, Reuters
