Exclusive: Deutsche Telekom freezes 5G deals pending Huawei ban decision

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Deutsche Telekom has put all deals to buy 5G network equipment on hold, it said on Wednesday, as it awaits the resolution of a debate in Germany ...

BERLIN: Deutsche Telekom has put all deals to buy 5G network equipment on hold, it said on Wednesday, as it awaits the resolution of a debate in Germany over whether to bar Chinese vendor Huawei on security grounds.

While Huawei has denied the U.S. allegations, any sign that Deutsche Telekom is doing fresh business with the Chinese company risks undermining the U.S. deal's chances of getting over the finishing line. She has estimated that Huawei accounts for 70per cent of Germany's existing mobile networks, a share that she expects to fall in future, to the benefit of European competitors Nokia and Ericsson.

 

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