Financial News

3 5G stocks to benefit from Huawei’s UK exit

By: Invezz

The UK delivered a much-anticipated decision yesterday to ban mobile carriers in the UK from purchasing Huawei 5G equipment after December 31. Huawei’s exit from the UK market will now provide more room to other major 5G players that are likely to benefit from the ongoing US-China trade war.  UK bars Huawei for 5G Oliver Dowden, Secretary of State for Digital, Culture, Media and Sport, said in the House of Commons that mobile carriers in the UK will be banned from purchasing Huawei 5G equipment after December 31. All carriers will have to get rid of all of Huawei’s 5G

The post 3 5G stocks to benefit from Huawei’s UK exit appeared first on Invezz.

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