“I hope not, because one of the beauties of this industry is that we’ve done standardization, which means that you can bring your phone from whichever country you’re in and go to another country and it works.”

Verizon Chairman & CEO Hans Vestberg when asked if the 5G industry is headed for a ‘cold war’ between Chinese and American 5G standards.

Mr. Vestberg was being interviewed in the wake of a recent tear down of Huawei’s latest 5G phone. The tear down revealed no components within in the phone that were compatible with 5G technology and spectrum being used in the U.S.

“That has been the most accessible sort of technology in the world. And in today’s world, with so many challenges, the platform of 4G and 5G is the most important.

“Hopefully people understand that this is an industry that actually share their patents, they share their innovations, in order to get so many people as possible on this Earth to use this technology. Some things we’re combating in the world—education, healthcare, etc.—can be enabled on mobile phones.”