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Huawei signs a deal with MTS Russia to develop 5G technology!

Huawei ever since its blacklisting by the US has been pierced by a ray of Russian sunshine this week, as the Chinese company announced it’s signed a 5G development deal with MTS, Russia’s biggest mobile operator.

Timed to coincide with a three-day visit by Chinese president Xi Jinping to Moscow, the deal signals a desire for a closer relationship between the two Asian powers, and it unites the fates of two of their respective leading companies. Russian leader Vladimir Putin, quoted by his national news service TASS, has said that cooperation between Russia and China is now “at an unprecedently high level,” and the sentiment has been echoed by president Xi.

Both countries appear to be finding comfort from American aggressions in each other’s arms.

For Huawei, securing this deal is a welcome reprieve from the torrent of bad business news that was triggered by US president Trump’s harsh rebuke and prohibition.

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