US TELECOM AGENCY ZTE
Telecom sector looking up: Should you invest in Airtel, Vodafone Idea, Reliance Jio stocks?
Recent tariff hikes, low spectrum payouts and government support will boost the performance of telecom stocks.
Germany to ban Chinese giants from 5G network
German officials said their telecom networks must be protected from cyberattacks, calling it an “existential threat”. Officials added that they have reached agreements with 5G network operators in the country. Huawei responded saying there was “no specific evidence” that the technology has “cyber security risks”.
Sensex, Nifty hit fresh peaks once again; telecom stocks in focus
The market showcases strong performance in diverse segments, with small-cap, mid-cap, and micro-cap stocks leading the positive momentum. Sectors like metal, pharma, and PSU banks also demonstrate resilience, marking a significant uptick in trading values amid the current market scenario.
US probing China Telecom, China Mobile over internet, cloud risks
The Biden administration is investigating China Mobile, China Telecom, and China Unicom over concerns they could misuse access to American data through their U.S. cloud and internet services by sharing it with Beijing. The Commerce Department is leading the probe, which has completed "risk-based analyses" of China Mobile and China Telecom. These companies, despite being barred from providing certain services, still offer cloud and internet routing services in the U.S., posing potential national security risks. The investigation aims to close any remaining avenues for Chinese firms to access U.S. data, amid ongoing tech tensions.
Biden bans US sales of Kaspersky software over Russia ties
The United States on Thursday banned Russia-based cybersecurity firm Kaspersky from providing its popular anti-virus products in the country, the US Commerce Department announced. "Kaspersky will generally no longer be able to, among other activities, sell its software within the United States or provide updates to software already in use," the Commerce Department said in a statement announcing the action, which it said is the first of its kind. da/des
DoT reassures telcos over data shift to Amazon Web Services
The Department of Telecommunications (DoT) faced backlash from mobile phone companies over plans to migrate its digital intelligence platform (DIP) to Amazon Web Services (AWS) from servers run by BSNL and C-DoT. The move was criticized for compromising consumer privacy. However, DoT clarified that critical subscriber database records won't be stored on AWS, easing concerns. The DIP is crucial for fighting cybercrimes and fraud, facilitating real-time intelligence sharing among stakeholders. The shift aims to address data surge challenges, with AWS being an approved vendor of MeitY, hosting CoWIN data.
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Explained: Why WhatsApp is willing to leave India over encryption
After the messaging platform said that forcing it to break message encryption may lead to its exit from India, the Delhi HC has said the right to privacy can’t be absolute. Here’s a look at why the company is arguing that its end-to-end encryption cannot be compromised
US says to investigate national security data risks from Chinese vehicles
The U.S. Commerce Department probe is because Chinese assembled smart vehicles could collect sensitive data about U.S. citizens and infrastructure and send the data to China, the White House said.
India has shown how to deal with China-linked firms: US FCC commissioner Brendan Carr
India and US should prevent China and its allies from forming a ‘splinter net’, US Federal Communications Commission (FCC) commissioner Brendan Carr told ET.
Suits & Sayings: Weekly roundup of the quirkiest office gossip from corporate corridors and beyond
Here is a weekly feature offering a humorous yet insightful roundup of the most intriguing whispers and murmurs circulating within corporate corridors and policy parlours. Each edition provides readers with a peek into the latest gossip, speculation, and noteworthy developments, providing a blend of entertainment and industry insights.
Tsunami hits Japan after 21 earthquakes above magnitude 4 in 90 minutes, residents told to run
Japan faced a magnitude 7.4 earthquake on Monday, triggering a tsunami with waves of 1.2 meters hitting Wajima in Ishikawa. In a span of 90 minutes, 21 earthquakes of over magnitude 4 shook the region. The Japan Meteorological Agency issued a major tsunami warning, a first since the devastating 2011 event. The quake disrupted power power supply and transport facilities but no nuclear plant abnormalities were reported.
Cybersecurity agency on anvil to safeguard telecom networks
The Indian government is planning to establish a national cybersecurity agency to safeguard telecommunication networks and services from rising cyber threats. While the timeline and specific details are yet to be determined, the agency will serve as a nodal body focused on addressing cyber threats in the telecom sector. The move comes in response to the increasing frequency of cyberattacks globally.
How & why India checkmated Chinese giant Huawei's salami-slicing moves in top tech schools
A note of caution by the director of a leading IIT woke up Government of India on deep inroads that Chinese company Huawei had already made into India’s leading institutes including IITs. India’s gear shift on Huawei was cautious, quiet and a tad late, unlike in other parts of the world where the company's alleged role as an instrument of the Chinese state had openly come into question.
Can Open RAN technology make any headway in India?
What was expected to be a game changer, though has yet to make much headway in India, except for a few trials and deployments. Experts cite several challenges for the deployment to pick up, but say it would happen in another two-three years. One of the reasons for the slow adoption is that India has yet to see the deployment of private networks, where companies setting up their own captive communication networks may go for the cheaper technology.
US telecom agency it could boost authority over Huawei, ZTE equipment
Previously, the Chinese embassy in Washington had said that the FCC "abused state power and maliciously attacked Chinese telecom operators without factual basis". Huawei has also denied allegations of wrongdoing and said the US government has "unlawfully and irrationally" targeted them.
IT hardware imports surge in August after licensing order
The Director General of Foreign Trade (DGFT) put the import of IT hardware, including laptops, PCs and servers, under the restricted category last month, calling for a licence. The notification, passed on August 3, was amended a day later, deferring implementation to November 1, giving the industry three months to recalibrate. The order, however, has led to fears of supply disruptions and price increases once the restrictions kick in.
Hardware firms chary of govt definition of ‘trusted sources’
Industry executives say that while the government has been successful in restricting Chinese players Huawei and ZTE from participating in India’s 5G rollout after adoption of the “trusted sources” approach, replicating the same for IT hardware won’t be feasible. That’s because unlike telecom equipment, laptops/tablets are consumer devices.
ZTE receives government security clearance to supply gear to Vodafone Idea
The approval for Vi's deal with ZTE from NSCS came after the Indian telco submitted documents and specified that it's an expansion/upgradation of the existing network, and not a fresh contract, a government official told ET. The networks in the circles also have equipment from Huawei, but the expansion work will be done only by ZTE.
MOVEit hack claims Calpers and Genworth as millions more victims impacted
The MOVEit hack has hit several state and federal agencies. Last week, the U.S. Department of Energy got ransom requests from the Russia-linked extortion group Cl0p at both its nuclear waste facility and scientific education facility that were recently hit in a global hacking campaign.
China's cloud computing firms raise concern for US
Over the last 18 months, the Biden administration and members of Congress have ramped up their exploration of what can be done to address security concerns about the cloud computing divisions of Chinese tech behemoths like Alibaba and Huawei, five people with knowledge of the matter said.
Govt to pitch Indian tele equipment manufacturing companies for business with the US
Indian telecom equipment manufacturers may soon get an opportunity to team up with businesses in the United States, with the Centre planning pitches during Prime Minister Narendra Modi’s visit. The move comes months after Washington stopped the sale of network equipment from large Chinese companies due to security concerns.
US Energy Department gets two ransom notices as MOVEit hack claims more victims
The DOE contractor Oak Ridge Associated Universities and the Waste Isolation Pilot Plant, the New Mexico-based facility for disposal of defense-related radioactive nuclear waste, were hit in the attack.
'Rip and replace': The tech cold war is upending wireless carriers
The project had already been delayed for months because of storms, slow equipment shipments and labor shortages. The new snafu, discovered early this month, would add at least two more days and blow the budget, said John Nettles, the president of the family-owned Pine Belt Cellular, who was standing at the base of the tower.
US House to vote on bill to address potential Huawei, ZTE threats
The legislation would also require publicly traded companies to disclose whether they have contracted to use Huawei or ZTE or services covered under the bill.
US puts 3 dozen more Chinese companies on trade blacklist
Earlier this week, China filed a lawsuit with the WTO against the United States over its export control measures for computer chips. The Chinese Ministry of Commerce said Beijing did so to protect its "legitimate interests". A statement from the ministry, reported by the official Xinhua news agency, said such controls were protectionist and threatened the "stability of the global industrial and supply chains".
US Bans Huawei, ZTE gear sales, over national security risk
The U.S. Federal Communications Commission said on Friday it had adopted the final rules, which also bar the sale or import of equipment made by Chinese surveillance equipment maker Dahua Technology Co, video surveillance firm Hangzhou Hikvision Digital Technology Co Ltd and telecoms firm Hytera Communications Corp Ltd. Huawei declined to comment
US FCC bans sales, import of Chinese tech from Huawei, ZTE
Huawei declined comment Friday. Along with Huawei and ZTE, the order affects products made by companies such as Hikvision and Dahua, makers of widely used video surveillance cameras.
Huawei puts on hold plan to form India JV for telecom gear
"With the ongoing tax-related issues and no 'trusted sources' approval so far, Huawei is not pursuing any possible partnership with an Indian company to support its commitment to the India market for now," a person familiar with the matter told ET.
Huawei, ZTE India units face staff exodus as business takes a hit
Amid India-China border tensions, New Delhi cited cybersecurity concerns while issuing a directive last year that required all telecom equipment supplies to go through a tighter screening process - to be procured from entities marked as 'trusted sources' and deploy gear only marked as a 'trusted product'.
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