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Huawei 5G India-China decision to be made in October

(Image credit: © Huawei)

Huawei’s 5G service has been strictly banned in the United States and Australia amid national security concerns surrounding the company. The UK is set to make the Huawei 5G decision in the Autumn. However, India could hold promise for Huawei as they recently carried out their first 5G trial with Bharti Airtel in India.

The final decision of Huawei 5G in India will be made during the informal summit between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi. The summit will be held in October this year, close to when the UK will also be deciding whether Huawei will be helping to build its 5G network. 

India has the most expensive spectrum

"A final decision will be taken by both President Xi and Prime Minister Modi," said a top Huawei executive. "We are very hopeful that the Indian government will take the decision as soon as possible." 

Huawei’s goal is to be the world’s biggest 5G market and are hoping to roll out in both India and the UK once official decisions have been made. Having already invested more than $3.5bn (£2.9bn) in the Indian market, Huawei certainly sees some huge opportunities for success in the country.

"“Huawei has a long-term strategy for India, over the past two decades we have been working cohesively with the telcos to set up the ICT infrastructure in the country."

Huawei spokesperson

What does the future hold?

The fate of Huawei’s 5G success very much relies on the decisions to be made by countries such as India and the UK.

A Huawei official has further stated that "If 5G trial goes successful auction may roll out next year." 

This would be great news for the company and its assets, and investors will be keeping an eye on Dinglong Culture as the 5G decision develops.

When asked for a comment on the decision, a Huawei official stated that “Huawei has a long-term strategy for India, over the past two decades we have been working cohesively with the telcos to set up the ICT infrastructure in the country. As a responsible corporate, we are complying with all the necessary laws and regulations of the land and will continue to do so, as and when notified by Govt. of India.”

The company remains confident in their plans as they went on to say, “We have played a key role in bringing 3G and 4G in India and firmly believe that as a front runner in 5G technology, Huawei’s participation will be hugely beneficial for safer, faster and smarter deployment of this technology in the country. The India market is a very important market for Huawei.”

However, over in the west with the US encouraging the UK to follow it’s lead and ban Huawei 5G, the future still looks very uncertain. 

(Via The Economic Times.)

Fiona discovered her love for investing and making money from a young age. Since then this interest has grown and now she loves writing about investing and business, and follows the 5G market closely. She is also a technology enthusiast, and so they tend to be her favourite investments.