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HomeFront PageChina's telecom giant Huawei inks deal with Russia's MTS

China’s telecom giant Huawei inks deal with Russia’s MTS

 

MOSCOW (MDN World digital, June 7) – After a trade war with the United States, China's Huawei has decided to change its course, as it recently signed a business deal with a Russian telecom company to develop a 5G network.

The deal will make Chinese and Russian telecom firms to work hand in hand in developing a better business climate for telecommunications next year.

According to sources, the reported agreement between two giant telecom companies by two big countries was signed in the sidelines of the recent meeting between Chinese leader Xi Jinping and the president of Russia, Vladimir Putin in Moscow.           

The MTS telecom network in its press statement said the deal will see the future development of 5G technologies. It would also mean the pilot launch of fifth generation networks in 2019-2020.

Huawei's Guo Ping said in a quoted statement that he was "very happy" with the recent developments between Huawei and MTS company of Russia.

The recent breakout of business between Huawei and US based telecom companies was a result of President Trump's order to ban US firm's from selling their high-tech equipment to Huawei. The Trump administration has suspected Huawei of spying for Beijing.

Business experts said that Trump's decision threatened the business interests of Huawei in the US territories. Huawei, report said, is highly dependent on phone chips manufactured in the United States for its phones.

As a result of Trump's order, many US-based companies have already stopped from supplying its products to Huawei. Some of these companies include Google, whose biggest deal with Huawei was its Android system which support the majority of smartphones all over the globe. ###

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ABOUT JOEL
Joel Calamba Escol is a journalist since 1991, author and all around person. He plays billiards, paints, does some comic illustrations, cartoons and likes watching CNN and AljazeraTV. He is also an SEO expert. When he's not working, you'll find him gaming and watching hard action movies. He's a total sucker of news and current events. 

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Joel Escol
Joel Escolhttps://www.youtube.com/channel/UCK_sKdGFs0ewIh9R-iAskDg
Joel Calamba Escol is a journalist in the Philippines for more than 20 years. Currently, he is the Managing Editor of Mindanao Daily News, the biggest and most-widely read newspaper in Southern Philippines. He is also known as Noypi Vlogger in Youtube. You can follow him on the following social networking sites below.
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