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...

US set to approve $1.9B fund to help telcos replace Huawei and ZTE

US lawmakers are set to approve a $1.9 billion fund aimed towards helping the nation’s telcos replace equipment from Huawei and ZTE.

As Telecoms reported in July, the FCC officially designated the Chinese vendors as national security threats this year.

“Both companies have close ties to the Chinese Communist Party and China’s military apparatus, and both companies are broadly subject to Chinese law obligating them to cooperate with the country’s intelligence...

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...

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...

Sweden bans Chinese vendors Huawei and ZTE from its 5G networks

Sweden has decided to ban Chinese telecoms vendors Huawei and ZTE from its rollout of 5G networks.

In a statement, the Swedish Post and Telecom Authority said that the “influence of China’s one-party state over the country’s private sector brings with it strong incentives for privately-owned companies to act in accordance with state goals and the communist party’s national strategies.”

Sweden’s decision comes after increasing US-led pressure to ban Chinese...

Huawei’s R&D lab near its new campus in Dongguan, China is on fire

A research and development facility owned by Huawei has caught fire near the company’s new campus in Dongguan, China.

Social media posts report an explosion at the facility but this is unconfirmed. The R&D lab is, however, expected to contain “sound-absorbing materials” like cotton which is highly flammable.

Videos of the fire are bizarrely being posted and quickly deleted. One video of the blaze which is still available (as of posting) can be found...

Microsoft: Russia, China, and Iran have ‘stepped up’ cyberattacks

A new report from Microsoft shines a spotlight on powerful cyberattack campaigns which are currently targeting the US election.

The upcoming US presidential election was expected to be a prime candidate for interference. However, Microsoft notes that foreign activity groups have "stepped up their efforts” for this election.

Microsoft has discovered three key campaigns operating from three countries often linked with cyberattacks:

Strontium (Russian) –...

Chinese telecoms equipment removal will cost the US around $1.8bn

US telecoms regulator the FCC has estimated the removal of Chinese equipment will result in a fairly substantial bill.

On Friday, the FCC released a report (PDF) which highlighted that operators in the US have already applied for around $1.6 billion in reimbursement funds as part of the Secure and Trusted Communications Network Act of 2019.

However, Congress is yet to approve the much-needed funds to support the predominantly small operators.

Ajit Pai, Chairman...

FCC tells China Telecom it will share confidential docs with other agencies

The FCC has notified China Telecom that it will share documents the operator issued in confidentiality.

State-owned China Telecom has been authorised to operate in the US since 2001, but has found itself subject to increased scrutiny in recent months.

The US Justice Department and other federal agencies have recommended that the FCC revokes China Telecom's license due to concerns including "inaccurate public representations by China Telecom concerning its cybersecurity...