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U.S firms show initial interest in Huawei’s 5G licensing proposal: report

October 22, 2019

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Chinese vendor Huawei Technologies is in early-stage negotiations with a number of U.S. telecommunications firm regarding the potential licensing of its 5G technology to them, Reuters reported, citing a company executive.

Vincent Pang, SVP and board director at Huawei, confirmed that some firms in the U.S. have expressed interest in either a long-term agreement or a one-time transfer. The executive was not able to provide specific details about the identity and the precise number of interested firms.

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