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"Spark has not yet had the opportunity to review the detailed reasoning underlying the Director-General's decision and, following our review, Spark will consider next steps, if any."
The company has announced plans to launch a 5G network by mid-2020.
Huawei said in a statement that he was "reviewing the situation".
"As the GCSB has noted, this is an ongoing process. We will actively respond to all concerns and work together to find a solution, "he said.
"As a global provider of telecommunications equipment, we remain committed to developing reliable and secure solutions for our customers. Huawei's 5G equipment is already deployed by major carriers around the world, with whom we have signed more than 20 5G commercial contracts. "
This decision aligns New Zealand with Australia, which has prevented Huawei from being a provider of 5G mobile phone networks earlier this year, and previously banned Huawei from intervening in the national broadband network. .
These bans provoked a furious response from Beijing, reflecting the continuing diplomatic tensions between China and Australia.
The company has also faced stiff resistance in the United States, with the Trump administration having legislated to ban the US market.
New Zealand is a member of the Five Eyes Information Sharing Agreement with Australia, the United Kingdom, Canada and the United States.
The 5G, the next generation of mobile technology, should be up to 10 times faster than its predecessor, the 4G, and be used to connect a multitude of devices beyond phones to the Internet, in the so-called Internet of Things.
Huawei was a leading provider of existing mobile networks built by Optus and Vodafone in Australia.
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