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HomeGadgetsHuawei UK revenues fall as 5G ban makes impact

Huawei UK revenues fall as 5G ban makes impact



Huawei UK’s annual accounts have shown revenues fell by 27.5% during 2020, offering the first indication of the financial impact of the British government’s decision to ban the company from participating in the rollout of 5G.

Last July, the government reversed its previous policy and confirmed all mobile operators would be forbidden from purchasing new Huawei 5G radio gear from 2021 and must remove all equipment installed in their 5G networks by 2027.



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