DOING BUSINESS BETTER. TOGETHER

The Financial Times: UK Telecoms Groups Face Huge Fines for Huawei Breaches

24 Nov 2020 10:08 AM | Anonymous

UK telecom firms may have to pay fines of up to £100,000 per day if they don’t follow new regulation enforced by the UK Government banning the use of Huawei Technology 5G equipment.

This move is to reduce the UK’s reliance on “high-risk vendors.” The fines could be initiated from next year, but they are more likely to be enforced from 2027.

Ofcom will be given the power to monitor the telecom companies and ensure that they are abiding by the new regulations.

To read the full article you will need to be subscribed to the Financial Times

Powered by Wild Apricot Membership Software