china telecom

China Telecom and China Mobile pulled out of the project after SubCom won the contract last year and, along with China Unicom, began planning the EMA cable, the four people involved said. Chinese state-owned telecom firms are developing a $500 million undersea fibre-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Beijing and Washington risks tearing…

The US Justice Department and other federal agencies on Thursday called on the Federal Communications Commission (FCC) to revoke China Telecom (Americas) Corp's authorisation to provide international telecommunications services to and from the United States.China Telecom is the US subsidiary of a People's Republic of China (PRC) state-owned telecommunications company. Last year, two US senators asked the FCC to review approvals of China Telecom and China Unicom to operate in the United States.The FCC last May voted…

Chinese telecom operator China Mobile is working with Huawei to deploy 5G base stations on Mount Everest. After the project is completed, it will be the highest place in the world with 5G network connectivity. The installation of equipment required to enable 5G services on the world's tallest mountain has been completed at two Everest camps. China Mobile said that the pending work of setting up 5G base stations at the forward camp at an altitude of 6,500 metres will be completed by April 25. The base station at forward…

The US units of China Telecom Corp's and China Unicom urged the Federal Communications Commission (FCC) not to revoke the company's nearly two-decade old authorisation to provide international telecommunications services to and from the United States.China Telecom (America)'s filing late Monday came after the US Justice Department and other federal agencies in April asked the FCC to act, citing national security concerns in a new flashpoint between Washington and Beijing.China Telecom (America), the US subsidiary of a…

The New York Stock Exchange (NYSE) is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred US investments in Chinese firms Washington says are owned or controlled by the military.The move by the NYSE, which will limit US investor access, follows global index providers MSCI, S&P Dow Jones Indices, FTSE Russell, and Nasdaq deleting various Chinese companies from their indexes.It's "a modest step, but at least an awakening to national security and…

The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies on Monday, reversing a decision that further dented already strained relations between the world's two superpowers.In a brief statement, the stock exchange said it "no longer intends to move forward with the delisting action" for China Telecom, China Mobile, and China Unicom.No detailed reason was given for the sudden reversal but the exchange said it came after "further consultation with relevant regulatory…

The New York Stock Exchange is reconsidering its plan to allow three Chinese telecom giants to remain listed, the latest twist amid confusion over rules set by the Trump administration and tension within Washington on China policy.If it does so, it would mark a second sudden U-turn. The bourse said late Monday it reversed an decision announced just last week to delist China Mobile, China Telecom, and China Unicom (Hong Kong) after consulting with regulatory authorities in connection with the US Treasury's Office of…

On a stage reserved for the biggest players in the global telecoms industry, three Chinese firms took their place alongside three Western companies -- and pushed the message that they wanted to "work together". But the state-owned companies — China Mobile, China Telecom and China Unicom — have been barred from doing business in the United States, severely hampering their global ambitions. The US authorities cited security and risks of meddling by the Chinese state — similar reasons lay behind Huawei's exclusion from the…