trending Market Intelligence /marketintelligence/en/news-insights/trending/3_-8eJzoLWjcL3tnM7r7EA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Germany considers excluding Huawei from 5G rollout

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs

CUSIP Requests for Municipal Securities Continue to Rise

Infographic: 2020 Global Mining Exploration Trends


Report: Germany considers excluding Huawei from 5G rollout

The German government is considering plans to restrict the use of Huawei Technologies Co. Ltd. equipment in its 5G rollout due to national security concerns, Reuters reported Jan. 16, citing German business daily Handelsblatt.

Officials are reportedly weighing proposals to introduce new security standards, along with amendments to communications legislation, as part of attempts to exclude the Chinese technology giant.

German fears about the security of Chinese-made equipment follow a string of federal or commercial bans on Huawei by Western countries, including the U.S., New Zealand and Australia. While the U.K. has not imposed any restrictions on Huawei, it identified national security risks associated with its equipment earlier in 2018. Japan is also said to be considering a ban.

The company's billionaire founder Ren Zhengfei recently denied allegations of spying, saying the company "would rather shut Huawei down than do anything that would damage the interests of our customers."

Huawei has signed more than 30 commercial 5G contracts with carriers and has shipped 25,000 5G base stations to markets globally.