European Commission: Urgent need for EU countries to diversify 5G suppliers

Top telecoms equipment maker Huawei competes with Finland’s Nokia and Sweden’s Ericsson. (AFP)
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Updated 24 July 2020

European Commission: Urgent need for EU countries to diversify 5G suppliers

  • In November last year, the EU agreed to take a tough line on 5G suppliers to reduce cybersecurity risks to next-generation mobile networks

BRUSSELS: EU countries must take urgent action to diversify their 5G suppliers, the European Commission said on Friday, amid US pressure on the bloc to follow Britain and ban China’s Huawei from 5G networks.
In November last year, the EU agreed to take a tough line on 5G suppliers to reduce cybersecurity risks to next-generation mobile networks, seen as key to boosting economic growth and competitiveness.
The strategy included reducing countries’ and telecoms operators’ dependency on one supplier. World No. 1 telecoms equipment maker Huawei competes with Finland’s Nokia and Sweden’s Ericsson.
“Progress is urgently needed to mitigate the risk of dependency on high-risk suppliers, also with a view to reducing dependencies at (European) Union level,” the EU executive said, reporting on the progress made by the 27 EU countries.
“Challenges have been identified in designing and imposing appropriate multi-vendor strategies for individual MNOs (mobile network operator) or at national level due to technical or operational difficulties,” it said, citing the lack of interoperability or the size of the country as some of the problems.
The Commission also urged 13 EU countries to adopt the foreign direct investments screening mechanism without delay, a tool which allows EU governments to intervene in cases of foreign direct investment in strategic assets, especially if state-controlled or state-financed enterprises are involved.


Egypt’s annual urban consumer price inflation fell to 4.2% in July

Updated 4 min 7 sec ago

Egypt’s annual urban consumer price inflation fell to 4.2% in July

CAIRO: Egypt’s annual urban consumer price inflation fell to 4.2% in July from 5.6% in June, the central statistics agency CAPMAS said on Monday.
Month on month inflation increased to 0.4% in July from 0.1% in June, the agency said.