Telecom

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

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

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.

On the same topic
Kenya sells 15% stake in Safaricom to Vodacom for $1.8 billion Transaction reduces state ownership to 20% and gives Vodacom majority control...
Hormuud Telecom partners with GIZ to expand digital solutions Initiative focuses on cross-border payments to connect Somali firms with international...
Nigeria plans to invest 12 billion naira ($8.6 million) in a national digital economy research program. The initiative forms part of the BRIDGE...
Plan targets affordable connectivity, especially in rural areas Strategy includes infrastructure, skills investment, and policy...
Most Read
01

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
02

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...

Ethio Telecom Turns to Green Power to Secure Network Expansion
05

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.