But Ericsson is arguably a better buy than Nokia , for three simple reasons. First, Ericsson’s 5G expansion went smoothly as Nokia got bogged down in its costly acquisition of Alcatel-Lucent. Second, Nokia’s longtime CEO resigned last year after struggling to expand the company’s 5G business.
Read moreWhich company has most 5G contracts?
Vendors are eager to announce their 5G contracts, and are definitely keeping score. Huawei says it currently has 50 contracts , and Nokia is a close second with 48, three of which were announced since the company’s last official update.
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