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The UK turns its back on Huawei, cancels company’s involvement in 5G deployment

Monday, 25 May 2020 17:33
The UK turns its back on Huawei, cancels company’s involvement in 5G deployment

(Ecofin Agency) - The UK, which in January this year authorized the Chinese company Huawei to deploy 5G in the country, has just announced it will gradually terminate the agreement with the company by 2023.

Under this measure, British operators now have three years to replace Huawei’s equipment with those of Nokia or Ericsson. This decision should please Donald Trump and the English nationalists, who welcome anti-Chinese protectionism approaches.

The UK is also reportedly considering legislation to prohibit the acquisition of British companies by Chinese firms. Boris Johnson thus joins Donald Trump’s stance on this Chinese company.





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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