So Huawei is both flourishing and perishing, depending on the geography you look at. The Chinese company is both the darling of major pan-European carrier networks like Telefónica, Deutsche Telekom, and Vodafone — and the untouchable pariah for US operators wary of its potential links to international espionage. There’s an obvious dissonance between these two positions, and I find it notable that Germany and the UK both rely heavily on Huawei for networking equipment. The first is a country famous for being extremely scrupulous about consumer privacy and data security, and the second is America’s closest political ally. At this point, it feels like US spy agencies have to either put up concrete allegations and evidence of wrongdoing on Huawei’s part, if there is any, or allow the company to carry on its business. The burden of proof is on the accusers.
Ultimately, it all boils down to this: Huawei never did much business in the US, and so losing out on the market opportunity is costly but not a total disaster; the US, on the other hand, has landed in an uncomfortable duopoly situation that strangles consumer choice. The US phone market needs a respectable third player more than Huawei needs the US market.