The world’s second-largest mobile operator will remove Huawei equipment from the core of its networks over the next five years. The firm warned of “hugely disruptive” costs if other countries issue similar restrictions. (Reuters, Bloomberg)

Talking point: The U.K. tried to walk a middle ground between American calls for an all-out ban on Huawei and China’s calls for no restrictions. The compromise—no Huawei equipment in the core and capping its 5G share at 35 per cent—is still causing financial issues for telecoms. BT Group, for example, is spending about £500 million replacing Huawei equipment. Canada has yet to decide on whether it’ll issue a ban, but if it does, some estimate the cost for Telus and Bell will be at least $1 billion. Meanwhile, the U.S. is convening top administration officials to review its restrictions on Huawei; both the U.S. and the U.K. are hoping international allies will help them develop alternatives for 5G equipment.