BT warns of £500 million hit from British limits on Huawei

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BT warns of £500 million hit from British limits on Huawei

Will need pull out some of the Chinese group's gear from its network and tap pricier rivals.

Britain's decision to cap Huawei's role in 5G will cost BT £500 million pounds (US$657 million), the telecoms company said, as it will need to remove some of the Chinese group's gear from its network and tap pricier rivals. The bill adds to the pressure on Chief Executive Philip Jansen, ...

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