Sweden to tighten telecom operation laws

Sweden aims to tighten telecom component suppliers and operators who don’t meet sufficiently high security standards. Anders Ygeman, Sweden’s minister for digital development stated, Stockholm wants to tighten regulatory requirement for telecom suppliers and operators. Sweden’s concerns comes in the midst of heightened concerns revolving around network security. “We want to be able to exclude…

Australia’s TPG Telecom discontinues sourcing of telecom equipment from Huawei

Telecom operators are designing 5G systems based on either Ericsson’s technology or that of Nokia Oyj. On Tuesday, Australia’s nascent network TPG Telecom Ltd stated, it would abandoned building its mobile telephone network which relied heavily on Huawei Technologies Co Ltd for equipment since the Australian government has banned Huawei on security grounds. Across the…

France brings in bill amendments aimed at China’s Huawei Technologies

Despite facing international pressure on its business, Huawei has managed to secure 30 contracts to supply 5G equipment; it has already shipped 25,000 5G base stations. As per a report by French newspaper Les Echos, France is weighing its option for introducing a bill amendment so as to empower its defense and security institutions to…

Italian MNC Enel acquires 21% stake in Ufinet International for $175 million

The deal will enable Enel to expand its fibre optic operations to market overseas. On Monday, Europe’s biggest utility Enel stated, it has agreed to acquire a 21% stake in Ufinet International, a Latin American fiber company, for $175 million (150 million euros). The deal includes an option to buy the remaining shares from owner…