Chinese telecom equipment and software maker Huawei is continuing its lead in the global carrier business space in 2016.
Top vendors carrier business revenue in 2016
1. Huawei $42.16 bn
2. Ericsson $24.93 bn
3. Nokia Networks $23.27 bn
Huawei, according to its annual report, generated revenue of CNY 290,561 million or $42.16 billion from carrier business in 2016.
Ericsson reported SEK 222.6 billion revenue or $24.93 billion from networks, IoT and cloud and media business last year.
Nokia Networks business generated revenue of EUR 21,799 million or $23.27 billion in 2016.