India's Budget 2025-26 cOVEAGE
Presented by:
spot_img

Kyodo News : Japan’s top three telcos to shun Huawei, ZTE network equipment

Date:

Trending

Japan’s big three telecom operators plan not to use current equipment and upcoming fifth-generation (5G) gear from China’s Huawei Technologies Co Ltd and ZTE Corp, Kyodo News reported on Monday.

- Advertisement -

The news, for which Kyodo did not cite sources, comes at a time of heightened scrutiny of Chinese tech firms by Washington and some prominent allies over ties to the Chinese government, driven by concerns they could be used by Beijing for spying.

Last week sources told Reuters that Japan planned to ban government purchases of equipment from Huawei and ZTE to ensure strength in its defences against intelligence leaks and cyber attacks.

- Advertisement -

A SoftBank Group Corp spokesman said Japan’s third-largest telco was closely watching government policy and is continuing to consider its options. The amount of equipment in use from Chinese makers “is relatively small”, he said.

The country’s top two telecommunications operators, NTT Docomo Inc and KDDI Corp, said the firms had not made any decision yet.

Docomo does not use Huawei or ZTE network equipment, but it has partnered with Huawei on 5G trials. KDDI also does not use Huawei equipment in its “core” network, a spokeswoman said, adding it does not use any ZTE network equipment.

Huawei did not respond to Reuters request for comment, while ZTE declined to comment.

Huawei has already been locked out of the U.S. market, and Australia and New Zealand have blocked it from building 5G networks amid concerns of its possible links with China’s government. Huawei has said Beijing has no influence over it.

Japan’s decision to keep it out would be another setback for Huawei, whose chief financial officer was recently arrested by Canadian officials for extradition to the United States.

World financial markets have been roiled since news of the arrest, on worries it could reignite a Sino-U.S. trade row that was only just showing signs of easing.

Shares of SoftBank, which has the deepest relationship with Huawei among the big Japanese telcos, fell the most among the three top Japanese telcos on Monday, ending down 3.5 percent.

Industry sources said SoftBank would find it difficult to replace pre-existing Huawei network equipment that is designed for the company and not easily interchangable.

Docomo and KDDI shares fell around 1 percent, in a wider market that closed down 2 percent.

Earlier, SoftBank’s Japanese telecoms unit priced its IPO at an indicated 1,500 yen ($13.31) per share and said it will sell an extra 160 million shares to meet solid demand, raising about $23.5 billion in Japan’s biggest-ever IPO.

THE SNAPSHOTS, IN YOUR INBOX

Get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

Support our independent journalism PayPal (Outside India) For PayU (For Indian Readers).

Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

More Latest Stories

More Articles

Budget 2025 Expectations: The Health Sector Seeks More Funds for Cancer Care, Mental Health, and Telemedicine

Ahead of the Union Budget 2025, stakeholders from the health, healthcare, pharmacy, and medical communities are emphasizing the need for targeted investments. Public health...

The Evolution of Gaming: Key Trends Shaping the Industry in 2025

The gaming industry in 2025 is a mosaic of innovation, creativity, and cultural impact. As it continues to expand, gaming is no longer just a form of entertainment but reflects the shift in society, technological advancement, and collective aspirations. Trends shaping the industry this...

Manual Trading vs AI Trading – What Fund Managers Should Know

Trading floors that once thrived on chaos and human interaction have given way to...

Budget 2025 Expectations: Delayed Payments and Skill Gaps Dominate MSME Sector’s Wishlist

As India’s Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025, expectations...

Finbok Reviews | How Finbok Attracts and Retains New Traders Around the Globe in 2025

In the competitive world of online trading, choosing the right platform is essential for...

Budget 2025 Expectations: GST Overhaul Tops Budget 2025 Wishlist for Business and Global Competitiveness

As India prepares for the Union Budget 2025, business leaders are sharing their hopes...

Union Budget 2025 Expectations: India Inc. Expects Tax Reforms, Startup Incentives, and Support for MSMEs

As the Union Budget 2025 approaches, Business leaders from across industries are urging Finance...

Top Cybersecurity Practices for Small Businesses: Why a VPN is a Must-Have

In today's hyperconnected world, small businesses face a growing number of cybersecurity threats that...

Union Budget 2025 Expectations: Investors and Startups Call for Tax Relief, EV Incentives & Support for Creator Economy

As Finance Minister Nirmala Sitharaman prepares to unveil Budget 2025, there is a strong consensus among investors and the startup community on the need...

Budget 2025 Expectations: Taabi Mobility CEO Pali Tripathi says, Logistics Sector Looks for Tech and Sustainability Focus in India’s Budget 2025

With Union Budget 2025 approaching, the logistics industry highlights the need for government action...

HCLTech Partners with Carrix to Modernize Global Port Operations Using AIoT

HCLTech, a leading global technology company, today announced an agreement with Carrix, the world’s...

What is RTP and How Does It Affect Slots Winnings?

If you’ve ever played a slot game, you’ve likely come across the term "RTP."...

The Sustainable Tech That Will Simplify Life as a Homeowner

Owning a home is the ultimate dream…until it’s 7 a.m., your driveway is buried...

Powering the Future: How Digitisation is Transforming Power Transmission & Distribution

As India, the third-largest producer, and consumer of electricity worldwide with over 442 gigawatts (GW) of installed capacity, invests heavily in ramping up power...

Equal, OneMoney Appoints Former Supreme Court Judge Justice B.N. Srikrishna as Chairman

Equal, one of India’s leading secure data sharing platforms, and its strategic investee OneMoney have appointed Justice B.N. Srikrishna, former Supreme Court Judge as Chairman of their newly formed Advisory Board. This Board will guide both companies in advancing secure, consent-driven data sharing, ensuring compliance...

ECO Hotels & Resorts Ltd Opens 60 Room Property In Bengaluru

ECO Hotels & Resorts Limited, a stock exchange-listed mid-segment hotel chain has today said...

Vehant Technologies Secures $9 Mn from True North via NCD

Vehant Technologies, a provider of AI-driven security and surveillance solutions, has raised $9 million...

Muxcap: Making Bold Moves in Innovation

Muxcap is on a mission to transform the online trading experience by combining cutting-edge...

HR Tech Impact on Employee Learning and Development

In today’s fast-paced world of work, learning and development (L&D) are no longer just...

Vinsys IT Expands In Saudi Arabia, Opens New Office in Dammam

Vinsys IT Services India Ltd. (NSE - SME: VINSYS), a global IT and software...

Proxgy Snaps $3 Mn from Indian Cricketer Ajinkya Rahane and others

Proxgy, a Gurugram-based technology company specializing in virtual assistance and concierge services, has announced...

GAMES: Lucky Green Casino Experience

If you’re in search of an exhilarating gaming platform that balances high-stakes thrills with...

Securing the Future of AI: Nuvepro CEO Giridhar LV on Generative AI & a Human-First Approach

During a conversation with TechGraph, Nuvepro Co-founder and CEO Giridhar LV discussed the company's...

Driving ROI Through AI: CEO Dipal Dutta on RedoQ’s Hybrid Approach to Automation

Speaking to TechGraph, Dipal Dutta, CEO and Founder of RedoQ, explained how the company...

What is RTP and How Does It Affect Slots Winnings?

If you’ve ever played a slot game, you’ve likely come across the term "RTP."...

Botanic Healthcare draws $30 Mn in fresh round funding

Telangana-based nutraceutical company, Botanic Healthcare today announced that it has raised ₹250 crore (approximately...

Delhi High Court Shields Upstox Trademark Rights, Targets Telegram Violators

Delhi High Court has granted an interim injunction in favor of RKSV Securities India...

Strengthening the First Line of Defense with People, Processes, and Technology

Globally and across industries, the risk landscape is growing more volatile and complex, with...

N Space Tech Launches Maiden Payload SwetchaSAT-V0 on ISRO’s POEM-4

N Space Tech, an India-based defense and aerospace startup, has successfully launched its first...

The Sustainable Tech That Will Simplify Life as a Homeowner

Owning a home is the ultimate dream…until it’s 7 a.m., your driveway is buried...

Securing the Future of AI: Nuvepro CEO Giridhar LV on Generative AI & a Human-First Approach

During a conversation with TechGraph, Nuvepro Co-founder and CEO Giridhar LV discussed the company's...

Reshaping India’s Farming Future: Balwaan Krishi’s Rohit Bajaj On Driving Agricultural Change

Speaking to TechGraph, Rohit Bajaj, Co-Founder of Balwaan Krishi, discusses the company’s commitment to...

Driving ROI Through AI: CEO Dipal Dutta on RedoQ’s Hybrid Approach to Automation

Speaking to TechGraph, Dipal Dutta, CEO and Founder of RedoQ, explained how the company...