Italy vetoes 5G deal between Fastweb and China's Huawei

[F-22Raptor]

ROME (Reuters) - Italy has prevented telecoms group Fastweb from signing a deal for Huawei [HWT.UL] to supply equipment for its 5G core network, three sources close to the matter said, the clearest sign yet Rome is adopting a tougher stance against the Chinese group.

The decision, made at a cabinet meeting late on Thursday, marks the first time Italy has vetoed a supply deal over 5G core networks with Huawei.


Visiting Italy in September, U.S. Secretary of State Mike Pompeo described Chinese mobile telecoms technology as a threat to Italy's national security.

Huawei strongly rejects the charges, and its Italian unit said it was ready to undergo any scrutiny to show that its technology was safe.

However at Thursday's meeting, the government used its special vetting powers to block Fastweb, the Italian unit of Swisscom, from implementing a supply deal with the firm in the most sensitive part of its fifth generation mobile network, the sources said.

"The government has vetoed the operation, asking Fastweb to diversify its suppliers," a senior government source told Reuters.

Fastweb had picked Huawei as the sole supplier for its 5G core network, sources said. Huawei and Fastweb both declined to comment.

A source from the Prime Minister's office said Rome also wants to evaluate whether Huawei can play a role in 5G core networks.

While some U.S. allies, such as Britain, have announced bans on Huawei equipment in future telecoms infrastructure, Italy has so far declined to do so.

However, government and industry sources say Rome is de facto adopting a more marked pro-U.S. line on 5G deals.

Italy raised hackles in Washington last year when it became the first major Western economy to join China's international infrastructure project, the Belt and Road Initiative.

The tie-up has so far yielded little economic gain and the government has recently opted for increasingly stringent prescriptions over Chinese 5G suppliers, which is forcing companies to be more cautious about dealing with Huawei.


Measures imposed by the government on firms using Huawei equipment on their 5G network include restrictions on remote interventions to fix technical glitches and an extremely high security threshold, two industry sources have said.

Italy's biggest phone group Telecom Italia (TIM) in July left Huawei out of an invitation to tender for a contract to supply 5G equipment for its core network, where sensitive data are processed.

Telecommunications companies operating in Italy have introduced get-out clauses in 5G deals with Huawei, allowing them to withdraw should Rome ask for costly requirements in exchange for its green light, industry sources said.

https://finance.yahoo.com/news/italy-vetoes-5g-deal-between-161443846.html

 

[obj 705A]

Probably one of the biggest myths here on the PDF that some of the China members here sometimes say is that China can actually be a friend of Europe while being an enemy of America.

Europe is America and America is Europe, if America declares you an enemy then that automatically means Europe is an enemy too because while sometimes they (EU & US) disagree over few things (eg: AIIB) the core principles of what keeps the western alliance remains unchanged and that is western white supremacy.

Even though Italy is in the BRI but make no mistake Germany hates China as much as the US hates China, and as much as Britain hates China & as much as France, Italy, Czech, Denmark etc.. hate China, the only reason why they aren't as hawkish against China as is America is because the economy of European states is much weaker than China and is mostly either in recession or stagnant.

From time to time you will have some EU country or politician saying something positive toward China or Russia but they are usually just playing good cop bad cop especially Germany they do that all the time.

The only country in the EU which doesn't seem to be part of this western white supremacist alliance is Greece and in a best case scenario also Hungary but that is quite unlikely.

 

[Dark1]

If you want to bring a country down , you don't need a costly war, just choke it economically .
China is facing just this choking with the western world, the part with money to spend, gradually banning chinese future growth sectors from accessing its markets.
The Chinese have brought this on their ownself by adopting trade as a tool of government coercion in such a blatant manner.
And with the relocation of assembling units from China to other countries happening at a rapid pace , xi will precide over the Chinese people sliding back into low income status.

 

[F-22Raptor]

If you want to bring a country down , you don't need a costly war, just choke it economically .
China is facing just this choking with the western world, the part with money to spend, gradually banning chinese future growth sectors from accessing its markets.
The Chinese have brought this on their ownself by adopting trade as a tool of government coercion in such a blatant manner.
And with the relocation of assembling units from China to other countries happening at a rapid pace , xi will precide over the Chinese people sliding back into low income status.

The US offensive against Huawei in Europe is proving to be highly successful. Most countries have banned or de facto banned Huawei in the last 6 months.

 

[TheTruth]

The US offensive against Huawei in Europe is proving to be highly successful. Most countries have banned or de facto banned Huawei in the last 6 months.

What's far more successful is your deliberate attempt to kill as many Americans as possible.

 

[Viva_Viet]

ROME (Reuters) - Italy has prevented telecoms group Fastweb from signing a deal for Huawei [HWT.UL] to supply equipment for its 5G core network, three sources close to the matter said, the clearest sign yet Rome is adopting a tougher stance against the Chinese group.

The decision, made at a cabinet meeting late on Thursday, marks the first time Italy has vetoed a supply deal over 5G core networks with Huawei.


Visiting Italy in September, U.S. Secretary of State Mike Pompeo described Chinese mobile telecoms technology as a threat to Italy's national security.

Huawei strongly rejects the charges, and its Italian unit said it was ready to undergo any scrutiny to show that its technology was safe.

However at Thursday's meeting, the government used its special vetting powers to block Fastweb, the Italian unit of Swisscom, from implementing a supply deal with the firm in the most sensitive part of its fifth generation mobile network, the sources said.

"The government has vetoed the operation, asking Fastweb to diversify its suppliers," a senior government source told Reuters.

Fastweb had picked Huawei as the sole supplier for its 5G core network, sources said. Huawei and Fastweb both declined to comment.

A source from the Prime Minister's office said Rome also wants to evaluate whether Huawei can play a role in 5G core networks.

While some U.S. allies, such as Britain, have announced bans on Huawei equipment in future telecoms infrastructure, Italy has so far declined to do so.

However, government and industry sources say Rome is de facto adopting a more marked pro-U.S. line on 5G deals.

Italy raised hackles in Washington last year when it became the first major Western economy to join China's international infrastructure project, the Belt and Road Initiative.

The tie-up has so far yielded little economic gain and the government has recently opted for increasingly stringent prescriptions over Chinese 5G suppliers, which is forcing companies to be more cautious about dealing with Huawei.


Measures imposed by the government on firms using Huawei equipment on their 5G network include restrictions on remote interventions to fix technical glitches and an extremely high security threshold, two industry sources have said.

Italy's biggest phone group Telecom Italia (TIM) in July left Huawei out of an invitation to tender for a contract to supply 5G equipment for its core network, where sensitive data are processed.

Telecommunications companies operating in Italy have introduced get-out clauses in 5G deals with Huawei, allowing them to withdraw should Rome ask for costly requirements in exchange for its green light, industry sources said.

https://finance.yahoo.com/news/italy-vetoes-5g-deal-between-161443846.html

Cool, there r abt 900 million Cnese living in poverty now ( 600 million earn less than 140 usd per month and 290 million Cnese earning abt 281 usd per month).

Italy just make the number of poor-jobless Cnese become higher and higher

 

[Han Patriot]

The US offensive against Huawei in Europe is proving to be highly successful. Most countries have banned or de facto banned Huawei in the last 6 months.

Yet Huawei is still alive and thriving? Look at US competency levels, its turning into another India. I am not sure US can get out alive from this virus. If China changes the trading system to RMB, US is as good as fcked. Lolol. Don't worry, you boil the frog slowly, they can't feel the pain.

 

[CAPRICORN-88]

Italy did it under tremendous pressure from USA.
So much for free trade. Soon China will lead the rest of the world in setting world standard e.g. trade and technology.

China is just observing all these to determine her future relationship. Just like the unreliable lists.

Australia is one of those that is now face the worse dilemma of her existence.
She has claimed China cannot do without her coal and Iron ores. We will see.
Her economy will contracts immensely.

That is why it appears many Chinese in fact favouring Trump to win.
It will make China the greatest ever.

Trump Made in USA has change the world which increasingly will be one minus USA in the future.
Nothing wrong with that except it is in fact a protectionist policy.

The recent voting trend in UN is a good indicator. UN lifted Arm Embargo against Iran. How did USA lost it so badly?

China's August 2020 4.9% GDP growth says it all. How did she achieve it?