European telcos may get more time to phase out high-risk suppliers under EU proposal

BRUSSELS: Europe’s mobile telecoms ​operators could get more time to phase out equipment from suppliers deemed high risk, according to a proposal by EU governments seen by Reuters, after the sector complained replacement could reach €40 billion ($45 billion).

The European Commission proposed in January that components and equipment from high-risk suppliers be phased out from critical sectors as part of its overhaul of the EU Cybersecurity Act, a move that would mainly affect Huawei and other Chinese technology companies.