Ban on Chinese telecoms vendors would add US$62 billion to 5G bill in Europe - industry analysis

PARIS: A sale ban on China's telecoms equipment makers would add about 55 billion euros to the cost of 5G networks in Europe, according to an industry analysis seen by Reuters.

The figure is part of a report by telecoms lobbying group GSMA and reflects the total additional costs implied by a full sale ban on Huawei Technologies and Chinese peer ZTE for the rolling out of the 5G networks in Europe."Half of this would be due to European operators being impacted by higher input costs following significant loss of competition in the mobile equipment market," the report reads.

"Additionally, operators would need to replace existing infrastructure before implementing 5G upgrades."

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Flipping the script on business infrastructure with 5GTHE debate surrounding the launch of the world's first 5G network underpins the battle to emerge as a leader in a rapidly expanding multi-billion dollar industry. Beyond global recognition and national pride, being the first to commercially implement 5G cements a country's forward-looking position in paving the way towards advancements of the future. Read more at The Business Times.
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