Chinese telecommunications equipment vendor Huawei Technology has expressed its willingness to sell its 5G technology to a Western company and allow the latter to develop it as it wished, while the Chinese firm continued on its own chosen path.

Australian officials have been carrying water for the US, with a team advising India about the reasons for the ban imposed on Chinese telecommunications equipment vendor Huawei Technologies last year, reports claim.

Telecommunications provider TPG Telecom has reported a fall of 56% in net profits for the financial year 2019 compared to last year, with the company attributing the fall from $397.5 million to $175 million to its being forced to give up plans for a mobile network.