AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)
Business & Finance

Romania mulls excluding Huawei from its 5G network

BUCHAREST: Bucharest could exclude Chinese giant Huawei from its future 5G network, according to a joint statement s
Published August 21, 2019

BUCHAREST: Bucharest could exclude Chinese giant Huawei from its future 5G network, according to a joint statement signed by the Romanian and US presidents and published on Wednesday.

The document signed by Romania's Klaus Iohannis and his American counterpart Donald Trump says the two leaders "seek to avoid the security risks that accompany Chinese investment in 5G telecommunications networks".

It was signed during a trip made by Iohannis to Washington on Tuesday.

Iohannis recently expressed "concerns" regarding Huawei's possible participation in the country's 5G network, adding the Supreme Council of National Defence (CSAT) would discuss it.

The Romanian and American delegations also signed a memorandum of understanding on Tuesday establishing the conditions that service providers will have to fulfil to be part of the network.

These include the obligation not to be under the control of a third country's government, according to Romanian news website G4Media.

Bucharest adopted the "5G strategy for Romania" in June, aimed at providing 250,000 jobs and bringing in 4.7 billion euros ($5.2 billion).

It is preparing to launch a call for tenders for the fifth generation of mobile networks in the fourth quarter of this year.

The government had initially suggested that the Chinese equipment manufacturer would not be excluded.

The US fears that Huawei will allow Beijing to spy on communications from the countries that use its products and services.

Considered the world leader in superfast 5G equipment and the world's number two smartphone producer, Huawei was in May swept into a deepening trade war between Beijing and Washington.

Copyright AFP (Agence France-Press), 2019

Comments

Comments are closed.