Chinese firms Huawei and ZTE are not going to be allowed to bid for 5G in India. The world’s second largest internet market is reportedly going to restrict bidders from any country it shares borders with. This is amended over investment rules that cites national security as its main concern.
This decision is waiting approval from the Indian Prime Minister, Narendra Modi’s office. When approved, India will join the USA and a bunch of other countries which have banned Huawei from operating 5G and its equipements. In June, Singapore chose Nokia and Erricson over Huawei for its 5G network.
This news follows the anti-China sentiment that is growing in India recently. Earlier, India also banned popular video making app TikTok and other 58 ones that were operated by Chinese firms. There were speculations for a TikTok ban in the US recently as well.
Source – Bloomberg