New York Stock Exchange backtracks on plan to delist Chinese telcos

The New York Stock Exchange (NYSE) no longer plans to comply with a Trump administration order to delist Chinese telecoms groups.

NYSE began proceedings to delist China Mobile, China Unicom, and China Telecom last week after the order signed by President Trump in November.

The order is designed to prevent transactions in securities “designed to provide investment exposure to such securities, of any Communist Chinese military company” by any person in the...

Ericsson CEO continues lobbying Swedish gov to overturn Huawei ban

Ericsson CEO Börje Ekholm is continuing to lobby the Swedish government to overturn a ban of Huawei’s equipment.

Ekholm has been vocal in opposing the ban since it was announced in October last year.

Dagens Nyheter reports Ekholm has sent a series of phone messages to Foreign Trade Minister Anna Hallberg calling for her to review the ban order by the Swedish Post and Telecom Authority (PTS).

Hallberg has said she has not had any contact with the PTS over the...

MPs reckon the UK will miss even its lowered broadband and 5G targets

A parliamentary committee believes the UK will miss its broadband and 5G targets, despite revising them lower just weeks ago.

The Digital, Culture, Media and Sport (DCMS) Committee published a report this week which said that the industry had “no genuine belief” the UK will hit its targets.

Nationwide gigabit broadband was a key pledge made on the steps of Downing Street when Prime Minister Boris Johnson took office. Initially, the government planned for nationwide...

Connected Nations 2020: How networks handled an extra demanding year

Ofcom has released the 2020 edition of its Connected Nations report, providing insight into how networks handled an extra demanding year.

Whether it’s getting work done from home, or binging on Netflix. Checking in with phone calls to elderly relatives, or posting the latest TikTok trend video. Never has the connectivity we’re blessed with today been so appreciated.

Demands on fixed and mobile networks soared this year as a result of the pandemic. Ofcom notes that...

FCC considers revoking China Telecom’s license to provide US services

The FCC has announced that it’s launched a review into whether to revoke China Telecom’s license to provide services in the United States.

The US telecoms regulator says the proceedings will “determine whether to end China Telecom (Americas) Corporation’s authority to provide domestic interstate and international telecommunications services within the United States under section 214 of the Communications Act.”

According to the FCC, the action seeks to safeguard...

FCC Chairman Ajit Pai is stepping down after eight years

FCC Chairman Ajit Pai is stepping down from his role after eight years at the US telecoms regulator.

Pai was appointed to the FCC as commissioner in 2012 by President Obama and was promoted to chairman in 2017 by President Trump. Pai has now served notice that he will be stepping down when President-elect Joe Biden is inaugurated on January 20th.

“It has been the honour of a lifetime to serve at the Federal Communications Commission, including as Chairman of the FCC...

UK brings forward its deadline for carriers to ditch Huawei

The British government has brought forward a ban preventing carriers from installing Huawei’s telecoms equipment.

Operators are banned from installing Huawei’s equipment in the UK’s 5G networks from September 2021, the government has said. The vendor’s gear is still banned from purchase as of 31st December 2020.

"Today I am setting out a clear path for the complete removal of high-risk vendors from our 5G networks," Digital Secretary Oliver Dowden said in a...

European Commission refers Virgin Media–O2 merger to the CMA

The European Commission has referred a proposed merger between Virgin Media and O2 to the Competition and Markets Authority (CMA).

Virgin Media and O2 confirmed their intention to merge back in May. Naturally, the £31 billion deal is being scrutinised by regulators.

https://www.youtube.com/watch?v=0-PZkudXsWo

The CMA formally requested the case be transferred on October 8th, shortly after the European Commission launched its investigation. Today, the European...

Huawei appears to get a slight reprieve from US trade ban

Huawei’s business appears to be getting a slight reprieve from a US trade ban which has pressured the firm over the past year.

Huawei was added to the US Chamber of Commerce’s so-called Entity List earlier this year; meaning American companies are banned from doing business with Huawei without explicit permission. The decision was reinforced in July when the FCC officially designated Huawei a national security threat.

Although Huawei has increased the production of...

Oxford Economics: Huawei is responsible for over 220,000 jobs in Europe

A report from Oxford Economics suggests that Huawei is responsible for over 220,000 jobs across Europe.

The report is released as Huawei faces bans across many Western countries over security concerns led by the US.

Huawei contributed €16.4 billion to Europe's GDP and supported 224,300 jobs in 2019, according to the report.

The Chinese telecoms giant holds the largest global marketshare (~35.3%) of any vendor. The second-largest, Nokia, holds less than half...