Huawei pulls out of sporting sponsorship deal

Huawei pulls out of sporting sponsorship deal
Huawei has pulled out of the sponsorship deal (Dominic Lipinski/PA)

Chinese telecom giant Huawei is ending its oldest major sporting sponsorship deal, blaming a “continued negative business environment”.

The company has sponsored the Canberra Raiders, the rugby league side based in Australia’s capital city, since 2012.

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