Business

NYSE scraps plan to delist China telecom firms

The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies on Monday, reversing a decision that further dented already strained relations between the world's two superpowers.

Business

UK telecom companies face big fines under new security law

Telecom companies in Britain face hefty fines if they don't comply with strict new security rules under a new law proposed in Parliament on Tuesday that is aimed at blocking high-risk equipment suppliers like China's Huawei.

Business

Japan telecom firms challenge $40 billion NTT takeover bid

Japanese telecoms firms appealed Wednesday to the communications ministry over a planned $40-billion takeover of the country's biggest mobile carrier by its government-backed parent, warning it would "prevent fair competition".

Business

Tech companies push for new software to break China's 5G lead

America's top tech companies are pushing for a software-based approach to building 5G telecom networks that could help the United States and its allies get past the hardware-based leadership position that China's Huawei currently ...

Business

France puts 5G mobile frequencies on the block

France on Tuesday began to auction off radio frequencies for the deployment of ultrafast 5G mobile technology, a process that will add billions of euros to the government's depleted coffers.

Security

Report: Hackers aimed at manufacturing firms during pandemic

In the first six months of the year, as most of the world shut down because of COVID-19 and workers everywhere shifted to working remotely, online criminals and state-backed hackers got busy breaking into computer networks, ...

Business

BT CEO warns of long road to excise Huawei from UK network

The CEO of telecoms company BT has warned it may take a decade to remove Huawei equipment from Britain's wireless infrastructure if the U.K. government follows the U.S. in dumping the telecom provider from its networks.

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