ZTE Agrees to Follow Indian Security Regulations
Netease Tech, 8/09/10
Chinese telecom equipment manufacturer ZTE (0763.HK; 000063.SZ) has accepted India's new security requirement regarding the importation of telecommunications equipment, according to a source at Indian telecom operator Tata Teleservices. Tata has informed the Indian Ministry of Telecommunications and is awaiting a response.
According to overseas media reports, Tata also plans to import equipment from Huawei. Huawei has yet to comment or announce a decision regarding India's security rules.
Editor's Note: The new regulations require vendors to share their source code with the Indian government. For more information, please see "India Hopes to Solve Chinese Telecom Equipment Issue Soon" MD 7/19/10 issue.
Keywords: overseas 000063.SZ 0763.HK Huawei telecom equipment ZTE India Tata regulation national security