Ripples From Trump’s Huawei Crackdown Reach Mediterranean Shores

Monaco Telecom CEO says Huawei contingency plans being tested
U.S. blacklisting of Huawei poses global supply-chain threats

Product Launch Event at Huawei Technology Co.'s Executive Briefing Center in Beijing — Photographer: Lisi Niesner/Bloomberg

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By Stefan Nicola and Thomas Seal

May 17, 2019 at 7:02 PM UTC

Updated on

May 17, 2019 at 10:42 PM UTC

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The U.S. move to blacklist the world’s top telecom equipment maker has sent a shock wave through the industry that’s being felt acutely in a tiny principality on the Mediterranean Sea.

Huawei Technologies Co. started selling to Monaco Telecom in 2012 and is now the phone carrier’s biggest supplier, with a remit to build a new mobile network in the enclave of about 40,000 that’s home to wealthy tax exiles.