US initiates procedures to protect telecom networks from national security threats

Wednesday 27 November 2019 12:46 CET | News

The United States has set out a procedure to protect its telecom networks and their supply chains from national security threats.

In May 2019, the US president issued an executive order barring US companies from using telecommunications equipment made by companies posing national security risks. The order was widely seen as being aimed at Chinese telecoms equipment market Huawei Technologies and ZTE Corp.

However, it has issued licenses to allow some US companies to continue to do business with the smartphone maker, a leader in next-generation 5G network technology, according to Reuters. The case-by-case strategy has been adopted to determine which transactions must be prohibited, or which can be mitigated.

The Commerce Department said the unveiled procedure is open to public comment before it becomes final.
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Keywords: China, US, geo politics, security, telecom industry, digital transactions, 5G network technology
Categories: Fraud & Financial Crime
Countries: China, United States
This article is part of category

Fraud & Financial Crime