Huawei takes No 2 spot in mobile network market

HELSINKI, Nov 13 (Reuters) - China's Huawei Technologies [HWT.UL] took the No. 2 position in the ailing mobile network gear market in the third quarter, almost doubling its market share from a year ago, and bypassing Nokia Siemens (NOK1V.HE).

Sweden's Ericsson (ERICb.ST) continues to lead the market with a 32 percent share, researcher Dell'Oro said on Friday.

Dell'Oro said Huawei's market share rose to 20 percent from 11 percent a year ago, while the market share of Nokia Siemens Networks [NSN.UL](SIEGn.DE) dropped to just below Huawei.

The telecom equipment market has seen cut-throat competition for new business during the past few years, driven by Asian vendors, and the outlook remains tough. (Reporting by Tarmo Virki; editing by Simon Jessop)