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Paco Freire | SOPA Images | LightRocket via Getty Images
Rajeev Suri, President and CEO of Nokia, is heard at a presentation of new products.
European companies are trying to get their share of broadband for 5G. The Italian government won a record $ 7.6 billion at a spectrum auction in October.
Suri's comments came as Nokia and its European telecommunications company, Telenor, announced an agreement to test 5G capabilities in Denmark. A number of other companies have run their own pilot projects, including Orange, BT and Deutsche Telekom.
The gradual transition to 5G has been overshadowed by the growing controversy surrounding Chinese technology giant Huawei.
US-led Western countries are worried that the company's telecommunications equipment could be a back door for Chinese government spying and has blocked the deployment of its technology in 5G deployments. Huawei repeatedly denied these claims.
For its part, Suri said that Nokia was closely monitoring developments around Huawei.
"We will be there for our customers when they need us," he said. "But it's a little beyond Nokia."
He added: "All I can say is that security will not be negotiable in the world of 5G".
A number of smartphone makers – including Huawei – have announced 5G-compatible phones at the next MWC.
Huawei debuted on a foldable smartphone, just like Samsung, which runs on a compatible 5G chipset. The firm said its new $ 2,600 phone, dubbed the Mate X, would allow users to download a movie of one gigabyte in three seconds.
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