Huawei will provide USD 15 million for telecom equipment to Russian operators

According to the latest report, VimpelCom received a batch of telecommunications equipment from Huawei. The sources said the deliveries were made under a previously signed contract, and the new contract has not yet been approved.

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In mid-April this year, VimpelCom (Beeline brand) received a large batch of equipment from China’s Huawei. The equipment sold for about $15 million, according to RBC interlocutors familiar with the terms of the contract.

According to two sources, the supply talks were lengthy: the contract was completed by February 24, but obligations must be met when sanctions were imposed on Russia, so questions arose about its possibility.

Moreover, several countries have imposed sanctions on Russia after it launched a conflict in Ukraine in late February. In particular, the United States banned the export of high-tech products to Russia for defense, aerospace, and shipbuilding, and restricted the supply of semiconductors, computers, telecommunications and information security equipment, lasers, and sensors with special licenses.

On February 25, the U.S. Department of Commerce’s Bureau of Industry and Security issued a clarification that applications for the export, re-export, or transfer of goods to maintain civilian telecommunications infrastructure will be excluded from this rule. However, decisions will be made on a case-by-case basis, depending on whether such supplies benefit the Russian government or the defense sector.

(via)