The investment, to be made on July 10, will give NTT a 4.8% stake in NEC as its main network equipment supplier hopes to crack the dominance of Huawei Technologies, Ericsson and Nokia in 5G network infrastructure.
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Japan's NTT to invest $560 mn in NEC to catch up in 5G race
Japan's NTT to invest $560 mn in NEC to catch up in 5G race
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