UK ban on Huawei opens door for competitors, although consumers may pick up tab
Live MintBritain's decision to ban China's Huawei Technologies from next-generation 5G telecom networks is the latest blow to the global leader in telecom equipment and could help lay the groundwork for broader changes in the industry. COSTS AND DELAYS There are costs to barring Huawei -- the British government has estimated that its decision to purge Huawei equipment will cost the British telecom operators more than 2 billion pounds. Both Nokia and Ericsson have said that they have the technology, supply chain capacity and expertise to replace all Huawei equipment in the UK's networks without any disruption to customers. When Ericsson got a 5G contract from Bell Canada last month, analysts estimated about $200 million in costs over the next few years for switching from a network built using Huawei gear.