• Removing Huawei equipment could cost Canadian telecoms $1 billion

    1 day ago - By MobileSyrup

    Removing Huawei equipment from next-gen networks could cost Canadian telecom giants an estimated $1 billion. According to a Globe and Mail report, executives at both Telus and BCE compiled the financial costs of a prohibition on the Chinese telecom's technology. One executive suggested banning Huawei would cost $500 million to $1 billion for Telus alone. Another industry source told the Globe it would cost BCE hundreds of millions of dollars. Finally, a third insider said the total estimated cost for both BCE and Telus would exceed $1 billion. The Globe gave the sources anonymity as they...
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