It seems the UK has jumped onto the same bandwagon that the US has in terms of Chinese companies that sell telco gear. I say that because according to The BBC, The National Cyber Security Centre has said that ZTE is a threat to national security:
The National Cyber Security Centre (NCSC) has written to UK telecoms providers warning them that the use of ZTE’s equipment and services could pose a national security risk.
The move coincides with a US government ban preventing American businesses from selling components to the Shenzhen-based company.
ZTE has yet to respond.
This comes after the US decided to order US companies not to sell to ZTE yesterday. As a result of the latter action (but I am sure the UK decision didn’t help), trading of ZTE’s stock has been halted due to the fact that this is pretty much a crisis for the company. Thus I fully expect China to retaliate and do so forcefully as they seem to be rather good at that.
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This entry was posted on April 17, 2018 at 8:47 am and is filed under Commentary with tags ZTE. You can follow any responses to this entry through the RSS 2.0 feed.
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UK Says ZTE Is A Threat To National Security
It seems the UK has jumped onto the same bandwagon that the US has in terms of Chinese companies that sell telco gear. I say that because according to The BBC, The National Cyber Security Centre has said that ZTE is a threat to national security:
The National Cyber Security Centre (NCSC) has written to UK telecoms providers warning them that the use of ZTE’s equipment and services could pose a national security risk.
The move coincides with a US government ban preventing American businesses from selling components to the Shenzhen-based company.
ZTE has yet to respond.
This comes after the US decided to order US companies not to sell to ZTE yesterday. As a result of the latter action (but I am sure the UK decision didn’t help), trading of ZTE’s stock has been halted due to the fact that this is pretty much a crisis for the company. Thus I fully expect China to retaliate and do so forcefully as they seem to be rather good at that.
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This entry was posted on April 17, 2018 at 8:47 am and is filed under Commentary with tags ZTE. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.