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Author:

LongTerm CapGains

Subject:

News

Date:

12/14/18 at 4:36 AM CST

 

 

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Deutsche Telekom reviews vendors in light of China security debate

Deutsche Telekom reviews vendors in light of China security debate REUTERS 1:14 AM ET 12/14/2018

 

FRANKFURT, Dec 14 (Reuters) - Deutsche Telekom, Europe's largest telecoms company, said late on Thursday it was reviewing its network vendor strategy in light of a debate on the security of Chinese network equipment that it was taking "very seriously".

The reassessment by Telekom, in which the German state owns a stake of nearly a third, comes after some U.S. allies acted to exclude Chinese equipment makers led by Huawei on national security grounds.

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