Huawei secured 40 5G commercial contracts by end-March

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HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd said on Tuesday it had secured 40 commercial contracts to build and operate fifth-generation (5G) telecommunications infrastructure as at the end of March, up from a previously disclosed tally of more than 30.

Rotating Chairman Ken Hu was speaking at the firm’s annual global analyst summit at its headquarters in Shenzhen in southern China.

Reporting by Sijia Jiang; Writing by Anne Marie Roantree; Editing by Christopher Cushing

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