Reuters broke the news that Canada is signaling it might not compensate major telecommunications providers if the federal government bans equipment made by China’s Huawei from 5G networks, setting up a potential fight over a bill that could hit C$1 billion ($758 million). If Ottawa does announce a formal ban, affected companies have made clear they want compensation for tearing out their existing Huawei gear, Reuters reported.
Business & FinanceTechnology
Reuters reveals Canada looks set for a fight over C$1 billion compensation for Huawei gear
18 September 2020, 3:30 pm 1 minute
Article Tags
Topics of Interest: Business & FinanceTechnology
Type: Reuters Best
Regions: AsiaNorth America
Countries: Canada
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text