Earlier, it was reported that Chinese telecom giant, Huawei is conducting 5G testing in Nepal with little transparency, raising concerns over potential corruption issues and monopoly in the country s telecom sector, Nepal-based Khabarhub reported.
Huawei's founder Ren Zhengfei said that the Chinese technology giant has replaced thousands of product components that are banned in the United States with homegrown versions, the news agency AFP reported on Saturday (March 18) citing a transcript posted by Shanghai Jiao Tong University on Friday. Former US president Donald Trump's administration had effectively barred American companies from doing business with Huawei. And Trump's successor Joe Biden imposed further sanctions including a ban on sales of new Huawei equipment to the US.
Huawei bags Rs 300 crore network expansion contract from Bharti Airtel
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Synopsis
Bharti Airtel has awarded a telecom infrastructure expansion contract worth around Rs300 crore to embattled Chinese gear major Huawei, multiple people aware of the development said.
Bharti Airtel has awarded a telecom infrastructure expansion contract worth around Rs300 crore to embattled Chinese gear major Huawei, multiple people aware of the development said. This is kind of a deal which is considered massive in this space. Airtel has already issued a procurement order (PO) to Huawei, a senior executive working with Huawei s rival company told ET. .the value of this deal is a major part of Airtel s overall capex budget for non-radio network.