Telecommunications companies that use the Chinese firm’s equipment in their networks could be charged up to 10 per cent of their revenue or more than £100,000 a day. Carriers have until 2027 to remove Huawei gear under the Telecommunications Security Bill, introduced Tuesday. (BBC)

Talking point: Huawei’s equipment is typically cheaper than that of European rivals, so the fines address the core of carriers’ economic case for using it. The company called the decision “politically motivated.” The U.K.’s now-legislated reversal—the Tory government initially planned to restrict Huawei to peripheral network areas and cap its market share, citing connectivity benefits—is in contrast to Ottawa’s decision, or lack thereof. Prime Minister Justin Trudeau last week again declined to attach a timeline to his government’s long-ongoing 5G review, saying, “The decision we will make will be based on the recommendations of our security agencies.” The two main ones—CSIS and the CSE—reportedly disagree.