Netherlands to raise at least 900 million euros in first 5G auction

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Netherlands to raise at least 900 million euros in first 5G auction
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The Netherlands aims to rake in at least 900 million euros ($992 million) from i...

AMSTERDAM - The Netherlands aims to rake in at least 900 million euros from its first auction of bandwidth for 5G networks, it said on Thursday, adding some equipment suppliers could be banned from the new networks if they raise security concerns.

European governments are grappling with how to treat Huawei Technologies Co Ltd after the United States alleged the Chinese telecoms supplier’s equipment could be exploited by Beijing for spying. Huawei strongly denies the allegations. Auctions will proceed in rounds. The three major Dutch telecom network operating companies KPN NV, VodafoneZiggo, and T-Mobile are expected to participate, though no company is precluded from participating.“Exclusion of an unreliable vendor can occur if there is a suspicion that it could misuse or disable the Netherlands’ telecommunications infrastructure, or if there are close ties to foreign governments involved with spying.”An auction of the 3.

KPN plans to use Huawei equipment for radio towers, which it considers a “peripheral” part of the 5G network, but has said it will use a “Western” supplier for core parts.

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