5G Security News

£6.8bn impact to UK if Huawei 5G banned

Mobile UK, the UK mobile network operators’ trade association, issued a report “The Impact on the UK of a Restriction on Huawei in the Telecoms Supply Chain” outlining potential risk to UK economy if use of Huawei for 5G rollout is restricted. Some key findings from the report include:

  • A partial to full restriction on Huawei in the telecoms supply chain could result in an 18 – 24 month delay to the widespread availability of 5G in the UK.
  • The cost to the UK economy of a delay in rollout is calculated at between £4.5bn and £6.8bn.
  • As well as the measurable financial impact, the UK will also suffer in terms of lower inward investment and lost productivity gains through stagnation of digital infrastructure.

Full report here: https://www.mobileuk.org/news/ps6-8bn-potential-risk-to-uk-economy-if-use-of-huawei-for-5g-rollout-is-restricted-report-finds

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Marin Ivezic
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For over 30 years, Marin Ivezic has been protecting critical infrastructure and financial services against cyber, financial crime and regulatory risks posed by complex and emerging technologies.

He held multiple interim CISO and technology leadership roles in Global 2000 companies.

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