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CEO says Ericsson targeting 5G contracts in China

April 18, 2019

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Ericsson aims to obtain a share of 5G contracts in the Chinese market once local carriers start to deploy the technology, the company’s president and CEO Börje Ekholm said during a conference call with investors.

“Our estimate is that they will commence rollouts in the later part of the year. It’s very hard to today see how large those will be. But they will be large compared to the rest of the world,” the executive said.

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