Mexico’s central bank on Monday swatted down the cryptocurrency enthusiasm expressed over the weekend by one of the country’s leading bankers. Ricardo Salinas Pliego, a magnate with large operations in retail, banking and television who has been seen as President Andrés Manuel López Obrador’s closest business ally, wrote in his social media accounts Sunday that […]
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Three major Chinese telcos said late last week that they will be delisted from the New York Stock Exchange (NYSE) after the latter denied their requests for appeal, Reuters reported. The delisting comes in line with the U.S.’ Communist Chinese military companies (CCMC) under the National Defense Authorization Act of 1999, enacted by the former […]
A U.S. federal judge rolled back on a Department of Defense ban on investments in Chinese budget smartphone maker Xiaomi, citing insufficient evidence that the company posed a national security threat. On Friday, U.S. District Judge Rudolph Contreras said that the court had found the Department of Defense (DoD) had “not made the case that […]
India’s Department of Telecommunications (DoT) ordered local telcos on Thursday to use “trusted products” and telecom kits for their networks as of June 15, 2021, subtly hinting at dropping Huawei gear. The DoT told operators in a communication that it has amended the Unified Access Services License Agreement by adding a layer of security telcos […]
Despite all odds, Huawei has increased its market share as the top telecoms equipment vendor worldwide, mainly due to strong demand within mainland China through all of 2020, a recent report stated on Monday. According to a report by U.S.-based telecom insights company Dell’Oro Group, the Chinese vendor’s share by revenue rose by 28 percent […]
Founder and CEO of Chinese tech-titan Huawei, Ren Zhengfei, has called on the newly elected Biden administration to lessen the severity of the restrictions made on Chinese firms by his predecessor Donald Trump. While addressing a local media roundtable, Ren admitted that it is rather unlikely that U.S. President Joe Biden would overturn or drastically […]
The exclusion of Chinese tech companies from Western countries’ fifth generation rollout efforts due to alleged security concerns will negatively impact the progression of the technology for years to come, a recent report highlighted. According to a new report by global tech advisory firm ABI Research, phasing out vendors could hamper worldwide deployment by several […]
The Dominican Republican is anticipated to launch 5G services during 2021, with the government planning to begin a multi-spectrum tender during the second week of January making it the second country in Latin America who pushes for 5G. President Luis Abinader said the 5G network will represent a “great step forward” in terms of […]
Sweden will rely on itself to set up its fifth generation of mobile networks infrastructure, excluding Chinese telecom titan Huawei from the construction efforts. The decision was made following a nationwide poll that addressed advancing human rights and democratic reforms, with China as its highest policy priority. The Swedish Post and Telecom Authority (PTS) said […]
The race for 5G rollout is on. As humanity edges closer to the fifth generation of mobile networks, the world’s key players that will spearhead this telecoms revolution begins as companies’ team up, while others are shunned and isolated. On the European front, Swedish Ericsson and Finnish Nokia seem to be leading the line. BT […]