Vodafone takes 200 million euro hit from Huawei 5G curbs

British telecoms giant Vodafone said Wednesday that it would cost about 200 million euros ($221 million) over five years to remove Chinese group Huawei’s equipment from core 5G European activities.

“We have now decided, as a result of the EU (recommendations) and the UK government’s decision, to take out Huawei equipment from the core,” Vodafone CEO Nick Read said in a conference call on its third quarter.