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EU telecoms face €40 billion cost to replace Huawei

The EU’s plan to remove Huawei and ZTE from telecom networks could cost €30 to €40 billion, according to industry body GSMA. This exceeds the European Commission’s estimate of €10 to €13 billion over three years, highlighting Europe’s reliance on non-EU suppliers for critical infrastructure. (POLITICO)

Huawei ban to cost the EU up to €40 billion, says industry (Politico)

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