Losing 5G work from Telecom Italia, one of Huawei's biggest clients in Europe, would be a blow to the Chinese technology giant, which has already lost some business to rivals Nokia and Ericsson.
Telecom Italia has sent a letter informing Huawei of its intention to call off the contract, one of the sources said. Italian newspaper Il Sole 24 Ore first reported the letter.
Nokia said its portfolio for C-Band, meaning satellite transmissions in the 4-8GHz frequency range, includes support for different 5G networks, cloud-based implementations and Open RAN products.
C-Band spectrum provides a good balance of both capacity and coverage, while also allowing rapid 5G rollout and fast introduction of services.
The deals advance Drillisch's plans to roll out a fourth 5G network in Germany, the subsidiary of United Internet said, and sent its shares and those of its parent sharply higher in early trading.
In addition, an agreement on national roaming would constitute an essential prerequisite for 1&1 Drillisch's envisaged rollout of a high-performance 5G network.
Nokia will bring its 5G expertise, Google Cloud will serve as the platform for launching applications and assist customers in building an ecosystem of services.
We will start to see some of these things to get in the live environment by end of this year.
Among the top three networks, SK Telecom had the fastest average download speed at 795.57 Mbps, followed by KT at 667.48 Mbps and LG Uplus at 608.49 Mbps.
South Korea currently offers the non-standalone version of 5G, requiring support from 4G LTE.
Shipments of Australian copper concentrate had fallen more than 50% in October from the previous month, although this was before the reported restrictions were to take effect.
Lundmark took over the top job in Nokia in August after product missteps by the company saw it lag Swedish rival Ericsson and Chinese group Huawei in the race to win deals to sell 5G network equipment.