The U.S. trade ban on Huawei could delay 5G network rollout in several countries including China, Jefferies analyst Edison Lee said.
Research firm Strategy Analytics earlier predicted that Huawei will be the top 5G RAN vendor with 24.8 percent share in 2023 as compared with 22.9 percent for Ericsson and 22.7 percent for Nokia.
Huawei has said it signed 5G contracts with 40 clients around the world by the end of March 2019. Huawei did not reveal the name of all its 5G customers. Huawei had shipped more than 70,000 5G base stations to markets.
Ericsson, Nokia and Samsung are likely to cash in on the current crisis faced by Huawei in several telecom markets.
Ookla 5G Map has identified 303 5G deployments, provided by 20 operators in 294 cities. Switzerland leads as the country with the most current 5G deployments in 217 cities, each with commercial availability.
A recent GSMA report said the number of 5G connections will reach 1.4 billion by 2025 – 15 per cent of the global total. 5G is forecast to account for around 30 percent of connections in markets such as China and Europe, and around half of the total in the US.
Huawei in April revealed that 2019 will be a year of large-scale deployment of 5G around the world, meaning that Huawei’s Carrier Business Group has unprecedented opportunities for growth.
Huawei generated CNY179.7 billion (+39 percent) in revenue with net profit margin of about 8 percent for the first quarter of 2019. Huawei did not reveal the revenue break-up among its three business divisions: carrier, smartphone and enterprise.
Cloud Native is the cornerstone of the 5G core network. Huawei has secured more than 580 commercial cloud core network contracts worldwide, Jason Dai, president of Huawei Cloud Core Network Strategy & Business Development Dept, said in April.