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UPDATE 1-Brazil will not bar Huawei from 5G network -vice president [Reuters]

TELECOM ITALIA (TI.A) 
US:NYSE Investor Relations: telecomitalia.com/tit/en/investors.html
Company Research Source: Reuters
Brazil will not bar Huawei from 5G network: vice president BRASILIA (Reuters) - Brazilian Vice President Hamilton Mourao on Friday told journalists that the government will not exclude Chinese telecom company Huawei Technologies Co from operating a fifth-generation (5G) mobile telecoms network in Latin America’s largest economy. The United States has asked countries to reject Huawei technology in the development of new mobile phone networks, arguing that it could be vulnerable to Chinese eavesdropping. Huawei denies its equipment is a security risk. U.S. President Donald Trump raised the issue with Brazilian President Jair Bolsonaro during a White House visit in March. But Mourao, who met with Huawei Chief Executive Ren Zhengfei on a trip to China last month, said Brazil has no plans to bar Huawei when it launches its 5G network next year. Huawei has already been locked out of the U.S. market. Australia and New Zealand also blocked it from building 5G networks. Japan’s government said Show less Read more
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