🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

BT warns UK that banning Huawei too fast could cause outages

Published 2020-07-13, 02:58 a/m
© Reuters. FILE PHOTO: Logo of Huawei is seen at VivaTech fair in Paris
BT
-

LONDON (Reuters) - BT CEO Philip Jansen urged the British government on Monday not to move too fast to ban China's Huawei from the 5G network, cautioning that there could be outages and even security issues if it did.

Prime Minister Boris Johnson is due to decide this week whether to impose tougher restrictions on Huawei, after intense pressure from the United States to ban the Chinese telecoms behemoth from Western 5G networks.

Johnson in January defied President Donald Trump and granted Huawei a limited role in the 5G network, but the perception that China did not tell the whole truth over the coronavirus crisis and a row over Hong Kong has changed the mood in London.

"If you are to try not to have Huawei at all, ideally we would want seven years and we could probably do it in five," Jansen told BBC radio.

Asked what the risks would be if telecoms operators were told to do it in less than five years, Jansen said: "We need to make sure that any change of direction does not lead to more risk in the short term."

"If we get to a situation where things need to go very, very fast, then you are into a situation where potentially service for 24 million BT Group (LON:BT) mobile customers is put into question - outages," he said.

In what some have compared to the Cold War antagonism with the Soviet Union, the United States is worried that 5G dominance is a milestone towards Chinese technological supremacy that could define the geopolitics of the 21st century.

The United States says Huawei is an agent of the Chinese Communist State and cannot be trusted.

© Reuters. FILE PHOTO: Logo of Huawei is seen at VivaTech fair in Paris

Huawei, the world's biggest producer of telecoms equipment, has said the United States wants to frustrate its growth because no U.S. company could offer the same range of technology at a competitive price.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.