Vodafone to remove Huawei from core of Europe network

Vodafone is to remove Huawei technology from the core of its European networks.

The move comes after Britain's decision to limit the Chinese firm's role in 5G networks.

New European guidelines on Huawei also a factor.

Chief executive Nick Read says the move will take about five years to implement, and cost around 220 million dollars.

Huawei rivals Ericsson and Nokia are likely to benefit.

Earlier Wednesday (February 5) Vodafone reported 0.8% revenue growth in the third quarter.

That was an uptick from the previous three months, helped by recovery in South Africa.

Europe though remains a hard slog for the world's number two mobile operator.

Revenue there was down 1.4% year on year, the same rate as the quarter before.

Vodafone shares were down over one percent by midafternoon.