People walk past ZTE company stand at the Mobile World Congress wireless show, in Barcelona, Spain, Wednesday, Feb. 28, 2018. (AP Photo/Francisco Seco)
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Struggling mobile network equipment makers are eyeing a possible boom in business from the first rollout of super-fast 5G wireless networks.The first commercial 5G roll-outs begin this year and next in the United States, Korea and Japan.Telecoms operators, who have cut spending in recent years on their networks, hitting network equipment makers like market leader Ericsson, will have to spend hundreds of billions in the coming years to develop their 5G networks.Three firms now dominate the global mobile network market -- Ericsson, Huawei and Nokia.The new uses for wireless networks are often completely different, which is forcing gear makers to seek partners from other areas.
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