UPDATE 1-Telenor says Huawei will still play role in 5G rollout [Reuters]
Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC)
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Source: Reuters
Telenor says Huawei will still play role in 5G rollout BRUSSELS (Reuters) - Telenor ( TEL.OL ) will use equipment from Huawei in building Norway’s 5G network, the telecoms operator said on Sunday, one of several companies to continue working with the Chinese company despite U.S. pressure. Huawei faces increased official scrutiny in Europe amid U.S. allegations that it poses a security threat. The company rejects the charges. State-controlled Telenor on Friday picked Sweden’s Ericsson ( ERICb.ST ) to help roll out its fifth-generation (5G) telecoms network. Huawei, with which Telenor has collaborated for more than a decade on 4G, will continue to play a role in modernizing its infrastructure, Hanne Knudsen, Telenor vice president for communications, told Reuters. “Ericsson has been introduced as a new vendor for 5G RAN, but we will also work with Huawei both to maintain the 4G network and also upgrade to 5G coverage in selected areas of Norway,” Knudsen said in response to written
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