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AMOV - America Movil SAB De CV News Story

$16.32 0.3  2.0%

Last Trade - 27/07/21

Sector
Telecoms
Size
Large Cap
Market Cap £38.22bn
Enterprise Value £61.45bn
Revenue £36.72bn
Position in Universe 251st / 7000

INTERVIEW-Telekom Austria may consider Huawei, ZTE for 5G networks-COO

Wed 23rd June, 2021 11:42am
By Supantha Mukherjee
    STOCKHOLM, June 23 (Reuters) - A1 Telekom Austria Group
 TELA.VI , an unit of Carlos Slim's America Movil  AMXL.MX , was
open to considering Chinese vendors such as Huawei  HWT.UL  and
ZTE  000063.SZ  for upcoming 5G networks in several countries, a
top executive said.
    European governments have been tightening controls on
Chinese companies building 5G networks following diplomatic
pressure from Washington, but Telekom Austria has not seen any
pressure in most of the European countries it operates in.
 urn:newsml:reuters.com:*:nL1N2L938T 
    The United States accuses Huawei of facilitating Chinese
spying - a claim the company and Beijing deny.
    "For us it is very important to have markets where we have
Chinese vendors to test the performance of the different
networks in real time," Chief Operating Officer Alejandro Plater
told Reuters in an interview.
    Not only is Chinese technology cheaper, but it offers
features that are better than their European counterpart, making
it competitive, he said.
    A1 Telekom Austria Group's parent company, America Movil,
called https://www.reuters.com/article/us-america-movil-huawei-idUSKCN24G25I
 Huawei an excellent telecoms equipment provider last year. 
    Telekom Austria has 25 million customers across Austria,
Bulgaria, Croatia, Belarus, Slovenia, Republic of Serbia and the
Republic of North Macedonia.
    It already uses radio access networks from Chinese vendors
in Bulgaria and North Macedonia for 4G networks, and equipment
from European vendors like Ericsson  ERICb.ST  and Nokia
 NOKIA.HE  in countries such as Austria.
    "We need several options, we cannot have only two," Plater
said.
    But North Macedonia has tightened its rules on telecoms,
with a framework on 5G networks that calls on operators to
gradually replace "untrusted" vendors. 
    "As a NATO member, North Macedonia will adjust to standards
of other member states of the Alliance with these regards," a
North Macedonian government representative said. 
    A Swedish court on Tuesday upheld a ban against Huawei
selling 5G equipment in the country, dashing the Chinese
company's hopes of staging a comeback in Europe.  urn:newsml:reuters.com:*:nL5N2O4410 
   "We have launched 5G in Austria, Bulgaria and we will launch
in Slovenia any time, and for other countries we are still
waiting to get the spectrum," Plater said.
    The delay in auctioning of 5G spectrum – airwaves necessary
for operators to start offering commercial 5G – has been one of
the main obstacles for a rollout in several countries across
Europe.

 (Reporting by Supantha Mukherjee, European Technology &
Telecoms Correspondent, based in Stockholm, additional reporting
by Daria Sito-Sucic; Editing by Ana Nicolaci da Costa)
 ((supantha.mukherjee@thomsonreuters.com; +46 70 721 1004;
Reuters Messaging:
supantha.mukherjee.thomsonreuters.com@reuters.net))
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