The company got banned to work with US Companies
The Indian Government has allowed Huawei to take part in trials for the initial rollout of 5G services in the Indian market. It is a great sign for the giant Chinese telecom company as it is still battling the allegation in the US. Due to the allegation of data theft, the US government has banned the company from working collaboration with local companies. The company has formally denied all the allegations that the US government has labeled against it.
American authorities tried hard to stop Huawei from taking part in India’s 5G communication network as it also banned the companies in the US from selling communication equipment to Huawei. The Telecom Minister, Mr. Ravi Shankar Prasad said, “We have taken the decision to give 5G spectrum for the trial to all the players.”
The announcement is a piece of pleasant news for Huawei
The Minister also recognized the global reach of the company in the market of telecom networking equipment and its hold in India’s smartphone market. The announcement is a piece of pleasant news as the world is looking at it as a company who is yet to falsify all the allegations of the US government.
Indian has the second-largest user base of internet users with 451 million actively participating on a monthly basis as per the Internet and Mobile Association of India. This is a significant move from Indian authorities, as earlier the company was barred from participating in the same type of competition in Norway and Sweden. The intelligence agencies have also warned the government against working with Huawei.
The company was quite happy after the decision as it said that survival was ita top priority after announcing 2019 sales were fall short of expected mark after the US sanctions. The revenue of the company rose to a record of $121 billion, which is a little less as predicted by Chairman Eric Xu.