Banning Huawei would cost EU telcos up to 55 bn euros: industry body

That implies significant costs and delays should operators not be able to use Huawei and ZTE, GSMA said, though it noted the situation from one EU country to the next differed markedly.

It would also"result in slower rollout of 5G networks in Europe and reduced take-up, which would further increase the productivity gap between the EU and the US," the document said.The US government in May prohibited American companies from selling Huawei US-made components it needs for its equipment. A 90-day reprieve was later granted to allow for the ban to be phased in.

It would be E55bn well spent, they have local EU based manufacturers in ericsson and nokia to rely on. Embrace your fellow EU equipment manufacturers and kick Wawey to the curb!!

😂😂😂😂

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Huawei denies that orders to key suppliers cut after US blacklisting - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Huawei has cut or cancelled orders to major suppliers of components for its smartphones and telecom equipment.
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