Huawei to invest over $3bn in Italy but asks for fair policy on 5G
Huawei Italy CEO Thomas Miao says the company will add 1,000 jobs in the country over the next three years
15 July 2019 - 16:55
Milan — China's Huawei Technologies says it will invest $3.1bn in Italy over the next three years, as the Chinese telecoms giant calls on Rome to ensure the "transparent, efficient and fair" use of its “golden power” on 5G network development.
Speaking at an event in Milan on Monday, the CEO of the telecoms giant's Italian unit, Thomas Miao, said Italy's golden power — which allows the state to intervene in the private sector in the defence of national security — should be extended to all vendors in the EU...
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