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Buying Huawei Technology ‘Like Buying Chinese Fighter Planes’, Shock New Report Warns
Forbes ^ | Sep 25, 2019, 04:27pm | Zak Doffman

Posted on 09/26/2019 8:06:32 AM PDT by Zhang Fei

Earlier this year, Huawei-funded analysis had claimed that the costs for Europe to move away from Huawei were shockingly high, suggesting as much as $62 billion would need to be spent. This $62 billion figure comprised a range of costs that included replacing existing equipment and deploying new 5G equipment. And other industry players claimed this heavily overstated the need to replace legacy technology to deploy new 5G equipment. Even so, it was a number that grabbed the headlines, especially as it also suggested delays of up to 18-months.

This difference in methodologies in calculating the likely cost to Europe of a rip and replace will be central to any statement that Huawei makes in response to the report.

“Restricting Huawei and ZTE from networks,” Strand says, “does not harm the economy for Europe’s mobile operators nor does it meaningfully reduce competition nor does it delay rollout. However, removing Huawei and ZTE equipment from the network can greatly improve security.”

And it is this security point that Strand focuses on when we speak. For him, there is simply no question that a rip and replace is the right move. He tells me he simply cannot understand why national communication networks would not be afforded the same security considerations as military equipment, given their importance.

All that said, the telecoms industry in Europe has shown little interest in a wholesale Huawei swap-out. Despite other claims the industry speak highly of the technology, its quality, pricing and innovation. And there is a concern that removing the number-one market player would put too much pressure on competitors Ericsson and Nokia, delaying almost everything. Even the U.K., which (just about) still enjoys Europe’s closest relationship with Washington has not yet decided to effect a national ban on its technology.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Extended News; Germany; Government; News/Current Events; United Kingdom
KEYWORDS: 5g; ccp; china; europeanunion; georgesoros; germany; huawei; johnstrand; kag; maga; nato; strandconsult; trump; unitedkingdom; zte

1 posted on 09/26/2019 8:06:32 AM PDT by Zhang Fei
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To: All

Communist Red China is an enemy to USA and freedoms worldwide. What kind of people would buy Chinese for anything related to security? Why buy anything you don’t have to from your enemies?


2 posted on 09/26/2019 8:12:02 AM PDT by veracious (UN=OIC=Islam; USgov may be radically changed, just amend USConstitution)
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To: Zhang Fei

Europeans appear to be lazy and clueless. That’s no way to run a continent.


3 posted on 09/26/2019 8:16:20 AM PDT by txrefugee
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To: Zhang Fei

European politicians are totally corrupt and do and say exactly what their paymasters tell them to.

They are experts at balancing the conflicting agendas of their many bribe payers


4 posted on 09/26/2019 8:18:53 AM PDT by rdcbn ( Referentia)
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To: Zhang Fei

Slow news day for Forbes, the story and every quote in it is months old.


5 posted on 09/26/2019 8:24:59 AM PDT by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: txrefugee

And these are the metrosexuals that the libs are so gung-ho to emulate at every turn.


6 posted on 09/26/2019 8:25:39 AM PDT by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: txrefugee

$62 billion is a cheap price to render the military of even a small sized NATO member impotent.


7 posted on 09/26/2019 8:33:29 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: txrefugee

Hey maybe they should work with the ruskies to put in a pipeline from russia to supply them with earth destroying Oil?-)


8 posted on 09/26/2019 10:05:37 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: Zhang Fei

I suppose the Pentagon will be contracting with the Chinese for nuclear weapons production too.


9 posted on 09/26/2019 10:14:07 AM PDT by indthkr
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