CFO in court again as Huawei waits on UK’s 5G decision this week

By Alan Burkitt-Gray

Huawei is hoping to hear this week whether it can supply the UK’s four mobile companies with the equipment they need for their planned 5G networks.

The 5G-powered rumour mill is in full production, stirred up by UK prime minister Boris Johnson, who said last week in his first media interview of 2020: “The British public deserve to have access to the best possible technology. We want to put in gigabit broadband for everybody. Now if people oppose one brand or another then they have to tell us what’s the alternative.”

The alternatives that the four – BT’s EE, CK Hutchison’s Three, Telefónica’s O2 and Vodafone – have to contemplate are network equipment from two Scandinavian companies, Ericsson and Nokia, with South Korea’s Samsung hovering in the background.

Whether or not the rumours are right, it’s going to be a busy week for Huawei. On Monday morning West Coast time the Chinese company’s CFO, Meng Wanzhou, appears in court in Vancouver for the latest in a series of extradition hearings.

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