While the benefits and opportunities provided by 5G are well known, “once you open the hood of what’s really underneath the infrastructure to support 5G, there’s a lot of complexity under that hood,” said Intel's Ronnie Vasishta.
The Wall Street Journal reported that the investigation included a raid on Ericsson’s offices in Beijing.
Within a span of 24 hours, Ericsson and Nokia both claimed to have 16 commercial 5G deals with publicly named service providers.
Huawei and ZTE's list of woes continue as Germany, Canada, Poland, and the U.S. all appear to be working to impose new bans.
The report, which was sourced by ZTE, does admit that its findings aren’t likely to change the minds of many operators.
The indictment alleges bank fraud, wire fraud, money laundering, and attempts to circumvent standing sanctions against Iran.
Huawei and ZTE are vying for supremacy in China’s 5G R&D trials against the backdrop of an increasingly hostile international environment.
The German government is said to be planning measures that would basically block Huawei from participating in future 5G networks.
Huawei and ZTE have gained unwelcome notoriety on the global stage of late, but in their home market of China at least they are able to move ahead with 5G development plans.
SDxCentral Weekly Wrap for January 4, 2019: ZTE hires former US Senator to lobby on its behalf, T-Mobile/Sprint approval process delayed, Nokia names Fixed Network biz leader.
William Plummer, Huawei’s former VP of external affairs, said that company needs to diversify its leadership and not solely rely on Chinese nationals in its relations with the U.S.
The $26 billion deal sits about halfway through the FCC's informal timeline for its review process.
Some sources told the Wall Street Journal that Ericsson and Nokia have been slow to capitalize on Huawei’s woes.
ZTE's year included claims of espionage, direct intervention from President Donald Trump, a growing list of countries banning use of its equipment, and a $1 billion hit to its bottom line.
The report cited a divergent business path compared with Nokia and hinted at a potential upside for Ericsson due to continued geo-political issues for Huawei and ZTE.