Vodafone takes 200-mn-euro hit from Huawei 5G curbs

London: British telecoms giant Vodafone said Wednesday that it would take cost 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, it will take around five years to implement at a cost of approximately 200 million euros,” Vodafone CEO Nick Read said in a conference call on its third quarter trading.