The rollout of 5G services across Europe is being slowed by US sanctions against Huawei and as European governments review the impact of using Chinese equipment, the head of Swedish telecoms group Tele2 said. Tele2 CEO Anders Nilsson said the biggest impact of the restrictions and security concerns was being felt through a delay in 5G investment across Europe. Mr Nilsson said that consumers were likely to face higher prices if governments banned Huawei, limiting competition to Nordic suppliers Ericsson and Nokia. “From our perspective, the main reason to do 5G right now is because it is a good way to build capacity, but we can continue building capacity in 4G. So 5G is not something we need to do right now,” he said before Sino-US tensions eased over the weekend.

Source: Irish Examiner July 02, 2019 06:00 UTC