The UK government’s decision to ban Chinese tech giant Huawei from participating in the development of the country’s 5G infrastructure, purportedly to protect citizens from potential Chinese government surveillance, has proven to be a costly move for the telecom industry. BT’s Chief Security and Networks Officer, Howard Watson, revealed that this decision incurred an estimated cost of £500 million (approximately $612 million) for the company.
UK Huawei Ban Costs Telecoms Companies £500 Million
Decision to Ban Huawei from 5G Infrastructure Development Incurs Substantial Costs for UK Telecom Providers
