U.S. interest lifts shares in Huawei rivals Ericsson, Nokia

U.S. interest lifts shares in Huawei rivals Ericsson, Nokia

Reuters

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Shares in Ericsson and Nokia rose sharply on Friday, a day after a U.S. official suggested the United States should consider buying stakes in the telecom equipment makers to counter China-based Huawei's dominance in 5G wireless technology.

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