Britain’s Telcom Companies Face Fines for Using Suppliers Like Huawei

Britains Telcom Companies Face Fines for Using Suppliers Like Huawei

Britain’s telecom companies could soon face hefty fines if they deal with tech firms like China’s Huawei.

The new law put forward on Tuesday, aims to fine telcos 10% of turnover or 100,000 pounds a day if they break the ban on using equipment made by China’s Huawei Technologies. The U.K. government said the Telecommunications (Security) Bill would raise the security standards of the country’s telecom firms and remove the threat of high-risk suppliers.

The U.K. government said the stricter security standards in the bill would also help protect Britain from potential cyber-attacks.

To Read More:  https://in.reuters.com/article/britain-telecoms-huawei-tech/britains-telcos-face-fines-if-they-use-suppliers-deemed-high-risk-like-huawei-idINKBN2842ET