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...

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...

Ericsson says its 5G rollout will create 800 British jobs by 2022

During a time when unemployment figures are at record highs, it’s heartening to hear Ericsson’s job creation expectations.

Swedish telecoms vendor Ericsson predicts that its 5G rollout will create an additional 800 jobs in the UK over the next couple of years.

Digital Infrastructure Minister Matt Warman said:

"I welcome this investment in the UK by Ericsson which will create hundreds of skilled jobs across the country and accelerate the nationwide rollout...

How the telecoms industry can overcome its talent and innovation challenges

Whether it’s in the UK, Europe, America or beyond, the telecoms industry is in the midst of a digital transformation that will define the decades to come. Connectivity is at the heart of everything we do, and it is being stress-tested by the ongoing pandemic. Crucially, however, it is holding up.  

For instance, connectivity has, and is continuing to play, a critical role in helping the UK manage its mental, physical and economic welfare during the pandemic. Research...

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 security bill sets out penalties if telcos use Huawei equipment

The UK has set out the security legislation that will enforce the ban on Huawei’s telecoms equipment, and it features some hefty penalties.

The Telecommunications Security Bill bans telcos from purchasing Huawei’s equipment from 2021. Huawei’s existing gear must be removed entirely from British networks by 2027.

Digital Secretary Oliver Dowden said:

“We are investing billions to roll out 5G and gigabit broadband across the country, but the benefits can...

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...

British mobile operators will be banned from selling locked phones

Telecoms regulator Ofcom has banned mobile operators from selling locked phones after December 2021.

Locking mobiles to specific networks often causes confusion for consumers and prevents them from switching at the end of their contracts.

Selina Chadha, Connectivity Director at Ofcom, said:

“We know that lots of people can be put off from switching because their handset is locked.

So we’re banning mobile companies from selling locked phones, which...

Italy has reportedly blocked a 5G deal between Huawei and Fastweb

Italy has reportedly blocked a 5G deal between Huawei and Swisscom-owned telco Fastweb.

According to multiple sources for Reuters, the Italian government stepped in to block a deal for Huawei to supply Fastweb with 5G core network equipment.

Many European countries have either banned or restricted the use of Huawei’s equipment but Rome is yet to announce its stance. If the reports are true, it would seem Italy looks set to take a strong stance against the Chinese...

Six ways blockchain will impact the telecoms industry

As the telecoms industry nears the new era of 5G and disruption, organisations need to focus on innovation and how to continue competing in the sector.

To become more efficient and customer-friendly, many companies are looking for new technologies to help reinvigorate and future-proof their business; preparing them for the inescapable disruption to come.

When it comes to streamlining operations, unlocking new business models, and reducing operational costs, there’s one...