Nokia sees the possible benefits of sanctions against Huawei in the middle of the 5G race



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Nokia's executive director, Rajeev Suri, does not rule out the Finnish telecom company being favored by the current tensions between Washington and Huawei, which have partially vetoed China's 5G market in the global market. mobile telephony and networks.

"Maybe there is a long-term opportunitybut more than that it's hard to say for the moment, "said Suri Tuesday to investors who attended the annual meeting of shareholders of Nokia, according to Reuters.

The badysts quoted by the agency expect both this company and its Swedish counterpart, Ericsson, benefits of the storm around the Chinese telecommunications giant to advance in the field of 5G, but not everywhere from the world this point of view is shared.

In detail, senior European officials told Asia Times that neither of these two Scandinavian companies had the ability or knowledge to replace Huawei, they are currently limited to contribute with the Chinese firm to the deployment of advanced networks.

Qualified officials impossible -At least in Europe- that Huawei is eliminated from the market because the United States does not offer competitive products and the infrastructure of Chinese company has already been installed in several countries. They added that the ban on trade with Huawei would actually affect Nokia and Ericsson, and vice versa.

For its part, Nokia had reported losses last month for not being able to provide telecommunication equipment to its customers on time. "We're late in the 5G between a few weeks and a few months, "said Suri, adding that the company continued to win contracts in the field of this technology.

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