Brussels may have significantly underestimated the cost of freeing itself from Chinese technology.
According to GSMA, which represents telecommunications service providers, the European Commission significantly underestimates the costs of removing Chinese suppliers like Huawei and ZTE, which are considered to have high risk, from the EU networks. The industry association estimates direct costs of up to 40 billion euros and further price increases due to reduced competition.
According to GSMA, which represents telecommunications service providers, the European Commission significantly underestimates the cost of removing Chinese suppliers of similar high risk, such as Huawei and ZTE, from the EU networks. The industry organization estimates a direct cost of up to 40 billion euros, as well as further price increases due to reduced competition.
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