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

Banning Huawei would cost EU telcos up to 55 bn euros: industry bodyBanning Huawei and fellow Chinese equipment maker ZTE from Europe's roll-out of 5G telecom networks would cost EU mobile operators up to 55 billion euros ($62 billion), according to an industry body's internal assessment seen by AFP Friday. The operators would also face delays of up to 18 months in getting next-generation 5G out to their customers, according to the impact assessment drawn up by the GSM Association, which represents mobile network operators around the world. The evaluation feeds into a debate triggered by US demands that companies in Europe and other allied nations shun Huawei as a 5G equipment supplier because of Washington's fears it could compromise intelligence services.




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