Canadian Telecoms Face $1 Billion Cost to Remove Huawei Gear, Globe & Mail Says

Canada’s Telus Corp. and BCE Inc. may face at least $1 billion in costs if the country bans telecommunications equipment made by China’s Huawei Technologies Co. from their next generation 5G mobile networks, The Globe and Mail reported Saturday, citing unidentified people familiar with the industry.

BCE, Telus and, to a lesser extent, Rogers Communications Inc., all use Huawei equipment in their networks.