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HomeAll NewsMost read newsBusiness Leaders Biography
Age : 56
Public asset : 7,426,435,965 USD
Biography : Founder of Altice SA, Altice Europe NV and Altice International SARL, Patrick Drahi is an entreprene

Altice's owner Drahi says Huawei 5G equipment are the best

07/30/2020 | 12:16pm EDT
FILE PHOTO: Huawei logo at Huawei Technologies France in Boulogne-Billancourt

Huawei is the best equipment maker when it comes to 5G mobile gear, the majority-owner of Altice Europe said on Thursday amid growing pressure from the United States on Europe to avoid the Chinese firm's products.

Sources told Reuters last week that France, where Altice Europe owns the second-biggest telecoms operator SFR, was effectively aiming to phase out Huawei from mobile networks.

SFR uses Huawei equipment on its mobile network.

"For me, Huawei, are the best," Franco-Israeli tycoon Patrick Drahi told analysts in a call. "They are not the cheapest... but they are the best."

"I am not in charge of national security. If the government does not want that we use such or such provider, that is fine," he added. "This is very political. It is in discussions. I am optimistic."

(Reporting by Matthias Blamont; editing by Diane Craft; Writing by Mathieu Rosemain)

© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ALTICE USA, INC. 0.36% 33.72 Delayed Quote.-10.96%
ERICSSON AB 1.44% 109.6 Delayed Quote.10.73%
NOKIA OYJ -0.23% 4.3335 Delayed Quote.37.96%