Swiss Telecom CEO Explains Why He’s Sticking With Huawei

Huawei Technologies Co. Ltd. still has fans in Europe, despite the U.S. government’s campaign to get its allies to shun the Chinese telecom giant.

One such supporter is Olaf Swantee, CEO of one of Switzerland’s largest telecoms, Sunrise Communications Group AG. “Some people ask: are (Huawei’s products) cheaper, (I said) no. But do they have great price performance. (I said) yes,” Swantee said in an interview with Caixin in Zurich earlier last month.