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home / news releases / BCE - Canada bans Huawei ZTE equipment citing threats to national security


BCE - Canada bans Huawei ZTE equipment citing threats to national security

Joining the rest of the Five Eyes intelligence-sharing network, Canada is banning China's Huawei Technologies and ZTE Corp (OTCPK:ZTCOY) from providing 5G (and even 4G) services in the country. Providers who have already installed the gear will also be required to remove it without compensation or reimbursement. With regards to deadlines, 5G machinery must be taken out by June 2024, while companies using related 4G equipment must clear them from their networks by the end of 2027. Snapshot: The decision follows a nearly four-year national security review, prompted by the the U.S. due to espionage concerns. Washington has cited fears over the potential use of 5G equipment as a backdoor for spying by the Chinese government, even warning allies it would limit intelligence sharing with countries that use Huawei equipment. "This is very much in line with what our allies have been doing in order to protect a critical piece

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Canada bans Huawei, ZTE equipment citing threats to national security
Stock Information

Company Name: BCE Inc.
Stock Symbol: BCE
Market: NYSE

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