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TELIA - Telia AB News Story

SEK36.75 0.1  0.3%

Last Trade - 9:45am

Sector
Telecoms
Size
Large Cap
Market Cap £12.76bn
Enterprise Value £21.14bn
Revenue £7.54bn
Position in Universe 55th / 1832

UPDATE 1-Denmark wants 5G suppliers from closely allied countries, says defence minister

Mon 8th June, 2020 2:01pm
(Adds background)
    COPENHAGEN, June 8 (Reuters) - Denmark wants to be able to
exclude 5G technology suppliers from providing critical
infrastructure in Denmark if they are not from countries
considered security allies, online technology news outlet
ITWatch reported on Monday.  
    "In order to protect Denmark and the Danes, we want to
collaborate with someone with whom we already have alliances,"
Minister of Defence Trine Bramsen told ITWatch. 
    The defence ministry was not immediately able to comment
when contacted by Reuters. 
    Nordic telecoms 3, Telia  TELIA.ST  and Telenor  TEL.OL 
have yet to choose a supplier for their 5G rollout in Denmark.
    Last year, Denmark's biggest single telecoms operator TDC
picked Ericsson over Huawei for its 5G network. TDC said it was
a commercial decision, but that it "was not blind" to widespread
concerns about Huawei and information security.  urn:newsml:reuters.com:*:nL8N28T1V7  
    Shenzhen-based Huawei is at the centre of a row between
China and the United States with Washington saying the company's
5G technology could be used as a backdoor spy channel for
Beijing.
    Huawei has denied the claims and countered the charges by
saying the United States itself has a long track record of
modifying digital products to collect intelligence.
    Last month, the Trump administration moved to block global
chip supplies to Huawei, spurring fears of Chinese retaliation,
while Britain is looking into any impact the U.S. sanctions
might have on British networks and seeking to diversify its
sources of supply.  urn:newsml:reuters.com:*:nL8N2DG6KL

 (Reporting by Nikolaj Skydsgaard and Stine Jacobsen, editing by
Louise Heavens and David Evans)
 ((Nikolaj.Skydsgaard@thomsonreuters.com;))
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