Nokia looking to benefit from Huawei ban.

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According to Tommi Uitto, President of mobile networks at Nokia, Nokia has signed 43 commercial 5G deals while Nokia has signed 50.

At the end of March, Nokia had 30 contracts while Huawei had 40, indicating Nokia has been winning more 5G customers than Huawei. Specifically, Nokia has been expanding its 5G business in Australia, New Zealand and the US – where Huawei’s 5G involvement is limited after their inclusion on the BIS entity list.

While the Huawei ban may help in some markets, Uitto indicates the ban may increase Huawei’s aggressiveness in other markets in countries where they can compete.