Verizon CEO says he doesn't want a 5G 'cold war' between the US and China

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Verizon CEO says he doesn't want a 5G 'cold war' between the US and China
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'One of the beauties of this industry is ... that you can bring your phone from whichever country you're in and go to another country and it works,' Verizon CEO Hans Vestberg says.

U.S. officials accuse Huawei of being a national security risk, alleging its equipment could facilitate the transfer of data to the Chinese government, which has embraced 5G faster than other countries. Huawei has consistently denied the allegations.as countries race to build out their 5G networks. Other countries such as Australia have cracked down on Huawei.

Vestberg said the thought of there being distinct 5G networks — one that is compatible with Chinese technology and one in the U.S. that is not — would be problematic. "Hopefully people understand that this is an industry that actually shares their patents, they share their innovation in order to get so many people as possible on earth to use this technology," he said, adding that significant problems around the world such as access to health care and education can be partly solved through mobile phones.

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CNBC /  🏆 12. in US

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