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Wireless

Huawei says its exclusion from Romania 5G infrastructure would bring country EUR 2.6 bln additional costs

Wednesday 11 December 2019 | 09:41 CET | News
The new CEO of Huawei Romania, George Zhang, told local paper Ziarul Financiar that excluding Huawei's equipment from the construction of Romania's 5G infrastructure would generate additional costs of EUR 2.6 billion for the country, which is almost 1 percent of the country's GDP. Huawei invested about EUR 1 billion in Romania over the last 17 years both in the consumer and enterprise segments as well as through the activity dedicated to telecom operators, Zhang added. Zhang took over the role of head of Huawei Romania a couple of months ago.

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Categories: Mobile & Wireless
Companies: Huawei
Countries: Romania
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