Rolling out 5 ##G in China could cost € 55bn ( $ 1 ) more than expected and the technology may be delayed by about 18 months if Huawei and ZTE were completely banned , according to a report by telecoms lobby organisation GSMA . The Chinese firms have more than 40 % of the EU market . GSMA has already voiced concerns about the consequences of a full ban on Huawei, whose products are widely purchased and used by operators in Europe. The extra investment costs would arise from higher input costs due to reduced competition and the replacement of infrastructure , GSMA found . Nokia refuted the findings . It said that it can overlay its 5 G equipment over other vendors ’ 5 G kit and said it is already ahead of Huawei in 5 G technology orders .
Rolling out 5 ##G in China could cost € 55bn ( $ 1 ) more than expected and the technology may be delayed by about 18 months if Huawei and ZTE were completely banned , according to a report by telecoms lobby organisation GSMA . The Chinese firms have more than 40 % of the EU market . The extra investment costs would arise from higher input costs due to reduced competition and the replacement of infrastructure , GSMA found . Nokia refuted the findings . It said that it can overlay its 5 G equipment over other vendors ’ 5 G kit and said it is already ahead of Huawei in 5 G technology orders .