🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

French parliament taskforce agrees on controls for 5G roll-out

Published 07/03/2019, 03:36 PM
Updated 07/03/2019, 03:41 PM
© Reuters.  French parliament taskforce agrees on controls for 5G roll-out

PARIS (Reuters) - French parliamentarians edged closer on Wednesday to adopting new controls governing the roll-out of next generation 5G networks and infrastructure, as scrutiny grows globally over the potential security threat posed by Chinese group Huawei.

A taskforce of representatives from both houses of the French parliament, the Senate and the National Assembly, said they had agreed on the final elements of a bill now likely to be approved more broadly by other parliamentarians over the summer.

Under the bill, telecoms operators would have to seek formal permission from the French Prime Minister for their 5G network projects, and will need to get clearance based on defense and national security parameters.

French government officials - including President Emmanuel Macron - have said in recent months that their plan to introduce checks and balances was not aimed at blocking Huawei or targeting any equipment makers or operators in particular.

The draft French law does not mention any supplier. But Chinese telecom equipment makers such as Huawei Technologies [HWT.UL] are in the spotlight over concerns their gear could be used by Beijing for spying - something Huawei denies.

U.S. President Donald Trump's administration moved to blacklist Huawei in May, and Washington is piling pressure on European countries to follow suit.

This come as telecoms operators worldwide are gearing up for the arrival of 5G, which promises ultra-fast mobile internet for those able to make the heavy investment needed in networks and equipment.

The text agreed on by French parliamentarians on Wednesday excludes 4G networks from the planned approval and control process.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.