Huawei has had a pretty bad time since the past few months as the company has been put on the “Entity List” by the United States, effectively banning US-based firms from doing any kind of business with the Chinese giant.
While the company is trying to slowly overcome various problems associated with the ban, the company has still managed to impress many with the kind of business it is doing. At a time when the US is trying to convince its allies to ban Huawei from the development of 5G infrastructure, Huawei has revealed the number of 5G contracts it has.
The Chinese telecommunications giant’s board member and senior vice president Catherine Chen has confirmed that Huawei has signed over 50 commercial contracts for the 5G technology across the world, of which 28 are from Europe.
This is in line with the company’s statements released earlier. A few weeks ago, the company had claimed that more than half of its 50 commercial 5G contracts are with European carriers, with the rest being American carriers such as Verizon Wireless. Since March this year, Huawei had actively signed up 10 more global customers for 5G network deployment.
Earlier this month, Monaco launched the next-generation 5G mobile network technology and with that, it became the first country in Europe to launch the 5G network based on the technology supplied from China-based Huawei.
In a major relief to the Chinese telecom giant, the UK Parliament committee recently concluded that there are ‘no technical grounds’ to ban Huawei products and rejected the proposed British ban on the company’s products and services.
The letter from the committee adds that banning Huawei from 5G network rollouts will do nothing to stop the Chinese influence given that multiple vendors make their products in China. To ban the Chinese giant wouldn’t be enough to get rid of the perceived “threat” as one would have to get rid of every Chinese corporation.
(Via)
