where does the finance come from?
This is the issue. Huawei can afford to invest huge amounts in R&D, and offer sweetheart deals to struggling operators to sell their kit. And supply infinite numbers of on-site engineers to make it go.
All of this requires financial muscle, and the suspicion is that Huawei has essentially an infinite credit line to the Chinese State to achieve this. Even Boeing isn't that well supported.
It's not about being out-competed, but out-subidised.
Biting the hand that feeds IT
