Romania Readies $474 Million 5G Auction, With No Huawei Ban

Photo of Romania Readies $474 Million 5G Auction, With No Huawei Ban
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An employee using a smartphone walks past a sign for the 5G Park at the Huawei Technologies Co. headquarters in Shenzhen, China, on Wednesday, May 22, 2019. Huawei is seeking about $1 billion from a small group of lenders, its first major funding test after getting hit with U.S. curbs that threaten to cut off access to critical suppliers.

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