Replacing Chinese telecoms equipment would cost European telecom operators about...
FILE PHOTO: The Huawei logo is pictured at the IFA consumer tech fair in Berlin, Germany, September 5, 2019. REUTERS/Hannibal Hanschke/File Photo
Industry lobby group GSMA, backed by blacklisted Chinese firm Huawei, predicted a cost of $62 billion. U.S. firms are barred from using some of the firm’s equipment and Washington is urging European countries to follow suit.
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