Ericsson Is Surprisingly Cheapest Vendor in Huawei's China

According to a tender by China Unicom Hong Kong Ltd.’s parent to purchase some 4G base stations, Ericsson offered to sell its products for 21 billion yuan ($3.1 billion), or 25 percent below Huawei and 22 percent lower than ZTE’s offer. Nokia Oyj asked for the highest price at 34.7 billion yuan.

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