Huawei. A very big problem is becoming more and more worrying for the Chinese company, and this is because it is expanding without being able to be stopped, and will endanger the revenues generated by the company. I am referring here to the problems with the banning of Huawei's ability to participate in tenders for the creation of high-speed 5G networks in various countries, which could have an impact and oppress phone sales, as is already happening in the USA.
Huawei. Last week, the company was the target of requests from government officials in Germany to ban the use of Chinese equipment to build high-speed 5G networks in the country. The requests came just a few months after the use of Huawei equipment was banned in Australia for the networks that will be created there, and in Canada serious pressure is being put on the government to take a similar measure in the next period.
Huawei. THE PROBLEM THAT IS BECOMING MORE AND MORE WORRIING
Huawei. Great Britain is another country where the possible ban on the use of Chinese equipment is still being discussed, and from here it will go to other important countries in Europe, as I told you will happen with Germany. Huawei has vigorously defended itself throughout this period and said that it never provides access to data from its equipment to the Chinese government, as everyone accuses, but no one seems to believe that at the moment.
Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country's 5G infrastructure amid concerns this could compromise national security. The behind-the-scenes push in Berlin, which comes after decisions by Australia and the United States to ban Chinese suppliers from 5G, has emerged at a late stage, with Germany expected to start its 5G auctions in early 2019.
Huawei. If Germany, Great Britain, and Canada will decide to ban the company's equipment for 5G networks, then it is expected that the rest of the big European countries will do the same, and from that point the company will be somewhat compromised. If there are similar discussions regarding Huawei in Great Britain and Germany, it is clear that similar discussions regarding banning measures taken against the Chinese are also being held in other large European countries.
