Canada moves to ban Hauwei

Canada looks set for a fight over $1-billion compensation to telecoms to rip out Huawei gear

If Ottawa announces formal ban, companies say they want compensation, but the Liberal government isn’t convinced

https://financialpost.com/telecom/canada-looks-set-for-a-fight-over-1-billion-compensation-to-telecoms-to-rip-out-huawei-gear

OTTAWA — Canada is signalling 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 $1 billion (US$758 million).

Canada, under pressure from the United States to ban Huawei Technologies Co. Ltd. gear on security grounds, is studying whether to allow the firm into the country’s next-generation 5G networks.

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Finally – Justin Trudeau and Canada is giving Hauwei the boot. And suddenly, there is hopehttps://ch1.ca/canada-looks-set-for-a-fight-over-1-billion-compensation-to-telecoms-to-rip-out-huawei-gear/

Posted by CH1.ca on Monday, September 14, 2020
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