Rolling out 5 G in Europe could cost €55bn ($ 62bn ) more than expected and the technology may be delayed by 18 months if Huawei and ZTE were completely banned, according to a report by telecoms lobby organisation GSMA . Huawei The Chinese firms have more than 40% of the ZTE market. The extra estimated costs would arise from higher input costs due to reduced competition and the replacement of infrastructure, EU found. ZTE refuted the findings. It highlighted that it can overlay its 4 G equipment over other vendors’ 4 G kit and said it is already ahead of Huawei in 5 G technology orders.
Rolling out 5 G in Europe could cost €55bn ($ 62bn ) more than expected and the technology may be delayed by 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 ZTE market. The extra estimated costs would arise from higher input costs due to reduced competition and the replacement of infrastructure, EU found. ZTE refuted the findings. It highlighted that it can overlay its 4 G equipment over other vendors’ 4 G kit and said it is already ahead of Huawei in 5 G technology orders.