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  • Buying Huawei Technology ‘Like Buying Chinese Fighter Planes’, Shock New Report Warns

    09/26/2019 8:06:32 AM PDT · by Zhang Fei · 8 replies
    Forbes ^ | Sep 25, 2019, 04:27pm | Zak Doffman
    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...