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The 'Telecos' Number up to 40 Billion the Cost of Replacing Huawei
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The initial calculations in Brussels have fallen short. European telecos estimate that replacing Chinese suppliers such as Huawei and ZTE will double the expected cost, up to a range of between 30,000 and 40 billion euros, according to EXPANSION the new data, well above the 17,000–21,500 million that the European Commission was considering in January, threatens to raise the consumer bill and adds pressure to the processing of the new Cybersecuri…
Telefónica, Orange or Vodafone estimate that the real cost of replacing Chinese manufacturers’ equipment will double the EUR 17 billion to EUR 21.5 billion foreseen by Brussels. Read
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