“This will take around five years to implement at a cost of approximately 200 million euros (around $220 million),” CEO Nick Read told reporters on Wednesday, according to Reuters.
UK Prime Minister Boris Johnsonlast week, with the caveat that it should be excluded from building core parts of the country’s 5G networks. The European Commission also green lighting the use of higher-risk vendors, with similar restrictions.
The approval came despite the USto ban Huawei — the company was added to the US Department of Commerce’s Bureau of Industry and Security Entity List , following an executive order from President Donald Trump from US communications networks. It required US companies to get a license to do business with Huawei, which due to its cozy relationship with the Chinese government.
Neither Vodafone nor Huawei immediately responded to requests for comment.
First published at 4:47 a.m. PT.
Updated at 5:11 a.m. PT: Adds more detail.
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