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Huawei secured 40 5G commercial contracts by end-March

HONG KONG (Reuters) - China’s Huawei Technologies Co Ltd said on Tuesday it had secured 40 commercial contracts to build and operate fifth-generation (5G) telecommunications infrastructure as at the end of March, up from a previously disclosed tally of more than 30.

Rotating Chairman Ken Hu was speaking at the firm’s annual global analyst summit at its headquarters in Shenzhen in southern China.

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