The US ratcheted up pressure on the UK government regarding the security risk posed by Huawei, as the Chinese vendor was cleared to build a new chip R&D facility in the country.
In a statement sent to Financial Times, the US State Department said the decision put its trust in the UK at risk, as it urged its allies and partners to assess the long-term impact of allowing companies like Huawei “access to sensitive information”.
“We believe countries need to be able to trust that partners will not threaten national security, privacy and intellectual property, or human rights,” said the US State Department.
The latest lobbying comes after Huawei released a statement confirming it had received the nod from local authorities in Cambridge to build the facility, “focused on researching, developing and manufacturing optoelectronics products”.
A committee of councillors voted nine to one in favour of Huawei’s project.
Huawei said it will invest £1 billion on the first phase of the project, which includes construction of 50,000 square metres of facilities across nine acres of land and will directly create around 400 jobs. Huawei acquired the land for the site in 2018.
Speaking to the FT, VP Victor Zhang added Huawei was committed to make the new centre its international headquarters for optoelectronics and its plans would not change if the UK were to tighten restrictions on the company regarding its 5G involvement.
The UK’s National Cyber Security Centre is currently conducting a new review into Huawei, which could have ramifications on its long-term position in the market.
“This centre is not to support BT or Vodafone’s network. I don’t think there is a strong link,” said Zhang.
Source: Mobile World Live
Emerging Economies Should Rewrite Financial Rules To Rein In Big Tech- FSB
Regulatory frameworks in emerging markets and developing economies (EMDE) should be redrawn to reflect the size, scope and growth of Big Tech firms in financial services, says the Financial Stability Board.
The FSB report for G20 finance ministers and central bank governors finds that the expansion of Big Tech firms in financial services in EMDEs has generally been more rapid and broad-based than that in advanced economies.
Lower levels of financial inclusion in EMDEs create a source of demand for Big Tech firms’ services, particularly amongst low-income populations and in rural areas where populations are under-served by traditional financial institutions.
While the expansion of Big Tech companies like Facebook, Google and Amazon has some benefits, their activity also gives rise to operational and consumer protection risks and concerns about market dominance, states the FSB.
This applies as much to local incumbents as consumers, who the FSB fears may be encouraged to play fast and loose with the rulebook and take more risks in order to keep pace with Big Techs.
States the FSB: “The experience of EMDEs also underscores the need to apply the principle of ‘same risk – same regulation’ with respect to Big Tech firms’ activities, whilst tailoring regulatory frameworks to reflect the relative size and scope of those firms’ activities. Financial authorities may also usefully contribute to the development of robust public policy and frameworks with respect to data governance, consumer protection and operational risk management.”
Telenor Connexion, Ericsson Enable Sustainable Micro-factories with IoT Accelerator
Powered by Ericsson IoT Accelerator, Telenor Connexion will provide global connectivity to Wayout’s sustainable micro-factories starting in East Africa and expanding into the Middle East, Asia Pacific and other markets in 2021.
Wayout has engineered plug-and-play micro-factories for local production of clean, filtered water, with a minimal eco footprint. Powered by solar panels, the micro-factories offer an advanced water purification system.
According to the United Nations, 3 in 10 people lack access to safely managed drinking water services.
Wayout’s local solution eliminates the unnecessary logistics of bottling and transporting pre-packaged glass or plastic bottles. Each module is fully automated and can filter 70,000 liters of water, remove up to eight tons of CO₂ and up to 200,000 plastic bottles every month. The micro-factories are managed by a smartphone application to manage operations, monitor performance, and launch autocleaning.
Wayout’s local operations depend on reliable global connectivity. Powered by Ericsson IoT Accelerator, Telenor Connexion delivers the cellular IoT connectivity management services, SIM cards and all necessary agreements with local operators to provide truly global service. Ericsson IoT Accelerator is a global IoT platform, enabling cost-efficient IoT connectivity management and operations for any enterprise of any scale, using the secure, scalable and standardized worldwide mobile network infrastructure.
Ulf Stenerhag, CEO Wayout says: “Perfect drinking water should be a human right. Our idea is to make access easy and reliable. By leveraging spearpoint technology and robust engineering, our connected sustainable micro-factories enable infrastructure solutions and business opportunities for providing perfect drinking water locally, whilst reducing the environmental impact globally. We want to let it flow.”
Mats Lundquist, CEO, Telenor Connexion says, “Telenor Connexion is proud to provide global connectivity to Wayout. They are an innovative company that values and prioritize sustainability and is making an impact.”
Kiva Allgood, Head of IoT, Ericsson, says, “Our technology can help solve global challenges and accelerate sustainability. Together with Telenor Connexion and Wayout, we are using our global IoT platform to deliver business and societal value and contribute to the UN’s Sustainable Development Goals.”
French 5G Spectrum Sale Raises EUR 2.79 Billion
The final stage of the French 5G tender ended on 01 October, completing the sale of 310 MHz of spectrum in the 3.4-3.8 GHz band.
Telecom regulator Arcep said that proceeds amounted to EUR 2.79 billion, which compares with the floor price of EUR 2.17 billion set by the government at the end of last year.
Market leader Orange accounted for the highest spend, at EUR 854 million for 90 MHz of spectrum. Altice France subsidiary SFR acquired 80 MHz for EUR 728 million, while Bouygues Telecom and Free Mobile both secured 70 MHz for EUR 602 million.
In the first phase of the award, the French government had agreed to sell 200 MHz at a set price of EUR 1.4 billion, with each of the four network operators spending EUR 350 million for a block of 50 MHz.
After a pause due to the Covid-19 health crisis, the regulator was asked to oversee an auction for the remaining 110 MHz of spectrum available, sold in equal-size chunks (10 MHz) at a starting price of EUR 70 million per block.
Bidding lasted just three days, with the unit price rising from EUR 70 million to EUR 126 million by the end of the final round. In addition to the initial 50 MHz, Orange secured the most spectrum in the auction (40 MHz), followed by SFR (30 MHz). Bouygues Telecom and Free Mobile were each attributed two blocks (20 MHz).
Spectrum acquired in the auction will have to be paid for over four years, while the set price of EUR 350 million will be spread over the fifteen-year duration of the licences, which can be extended by a further five years under conditions set by Arcep.
The final amount spent in the tender will be known at the completion of the last step of the award process, in which the four participants will bid in a “positioning” auction to determine where their spectrum will be placed in the 3.4-3.8 GHz band.
French operators will also be able to rely on other frequencies for their 5G deployments. These include the 700 MHz band, which was awarded by Arcep in 2015, and in future 26 GHz frequencies, still to be allocated.
orange commented that the total amount raised in the tender remains reasonable compared with other large European countries, such as Germany. CEO Stephane Richard said that the company was very satisfied with the auction process, noting that the result was “well balanced” and encouraged operators to invest.
The rules set by Arcep capped the amount of spectrum per operator at 100 MHz, including the 50 MHz block sold at a set price. Industry’s expectations were that this limit, coupled with the decision to auction blocks of equal size (10 MHz each), could keep a lid on auction bids.
Including 90 MHz in the 3.4-3.8 GHz band, Orange retains the largest portfolio of frequencies in the French market with 257 MHz overall, while SFR defends its runner-up position holding nearly 245 MHz across all bands.
Source: Telecom Paper
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