Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some US telecoms companies about licensing its 5G network technology to them, a Huawei executive toldVincent Pang, senior vice president and board director at the company said some firms had expressed interest in both a long-term deal or a one-off transfer, declining to name or quantify the companies.
Currently, there are no US 5G providers, and European rivals Ericsson and Nokia are generally more expensive. Rules that were due out from the Commerce Department earlier this month are expected to effectively ban the company from the US telecoms supply chain.
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