china telecom Archives - Telecoms Tech News

Beijing pushes major Chinese telcos to raise dividends

Muhammad Zulhusni — Thu, 22 Aug 2024 11:54:27 +0000

Three major Chinese telcos are dramatically changing their financial strategies and shifting from reducing capital costs to offering higher dividend yields. As reported by Nikkei Asia, this shift is linked to the increasing interest from the Chinese government in the performance of the stock market and its directive to accord more importance to shareholder returns... Read more »

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FCC: China Mobile, China Telecom, and Kaspersky ‘pose a threat to national security’

Ryan Daws — Mon, 28 Mar 2022 16:17:50 +0000

The Federal Communications Commission (FCC) has deemed China Mobile, China Telecom, and cybersecurity firm Kaspersky “a threat to national security”. All three entities have been added to the FCC’s list of communications equipment and services that have been deemed a threat to national security. Jessica Rosenworcel, Chairwoman of the FCC, said: “Last year, for the... Read more »

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FCC bans China Telecom from operating US services

Ryan Daws — Wed, 27 Oct 2021 15:36:32 +0000

The FCC has actioned a Trump-era recommendation to ban China Telecom from operating services in the United States. China Telecom Americas is based in Virginia and sells mobile services which target Chinese Americans, tourists, and businesses. In April last year, the Trump administration’s Justice Department recommended that the FCC revoked China Telecom Americas authorisations to... Read more »

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New York Stock Exchange backtracks on plan to delist Chinese telcos

Ryan Daws — Tue, 05 Jan 2021 12:41:11 +0000

The New York Stock Exchange (NYSE) no longer plans to comply with a Trump administration order to delist Chinese telecoms groups. NYSE began proceedings to delist China Mobile, China Unicom, and China Telecom last week after the order signed by President Trump in November. The order is designed to prevent transactions in securities “designed to... Read more »

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FCC considers revoking China Telecom’s license to provide US services

Ryan Daws — Fri, 11 Dec 2020 11:36:00 +0000

The FCC has announced that it’s launched a review into whether to revoke China Telecom’s license to provide services in the United States. The US telecoms regulator says the proceedings will “determine whether to end China Telecom (Americas) Corporation’s authority to provide domestic interstate and international telecommunications services within the United States under section 214... Read more »

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FCC tells China Telecom it will share confidential docs with other agencies

Ryan Daws — Thu, 20 Aug 2020 11:15:49 +0000

The FCC has notified China Telecom that it will share documents the operator issued in confidentiality. State-owned China Telecom has been authorised to operate in the US since 2001, but has found itself subject to increased scrutiny in recent months. The US Justice Department and other federal agencies have recommended that the FCC revokes China... Read more »

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