5th Dec 2018 06:59
LONDON (Alliance News) - Telecommunications giant BT Group PLC will strip Huawei Technologies Co Ltd's equipment from its core 4G network as government pressure to boycott the Chinese firm mounts, the Financial Times reported on Wednesday.
BT's decision will bring its mobile network in line with an internal policy designed to keep the Chinese firm out of its telecoms infrastructure, the FT said. The FTSE 100-lised company will, within two years, remove Huawei's technology from unit EE's network, which relied on the Chinese firm's kit to build its 3G and 4G network.
World governments have started to become wary of Huawei, with the US, Australia and New Zealand blocking the use of the Chinese company's 5G equipment on "security grounds", as they are afraid of possible interference by China, the newspaper reported.
According to the FT, BT was one of the first companies to start using Huawei's equipment outside of China after signing a deal in 2005.
https://www.ft.com/content/c639aaf4-f7c9-11e8-8b7c-6fa24bd5409c?desktop=true
Related Shares:
BT