Saturday, 22 September 2018

Friday Review: Little trouble in big China

By Mary Lennighan, Total Telecom
Friday 11 March 11

As Chinese vendors look to benefit from growth both at home and abroad, regulatory issues make waves in the global market.

Recent developments in China show that the country's telecoms operators and equipment vendors have good reason to be optimistic. But while the market is riding a wave of growth, in some areas the seas look decidedly choppy. China's competition regulator is proving a thorn in the side of European kit maker Nokia Siemens Networks, which this week announced that it would be unable to complete its acquisition of Motorola's wireless network assets this quarter as planned due to opposition from China. Further, it cannot provide new guidance on when the $1.2 billion deal is likely to go through. The acquisition requires the approval of the Anti-Monopoly Bureau of the Ministry of Commerce in China, or MOFCOM, the only global antitrust body still to give it the green light. Chinese equipment maker Huawei is opposed to the deal on the grounds that it has worked with Motorola for the past decade and fears the transfer of its own intellectual property to Nokia Siemens…

Recent developments in China show that the country's telecoms operators and equipment vendors have good reason to be optimistic. But while the market is riding a wave of growth, in some areas the seas look decidedly choppy. China's competition regulator is proving a thorn in the side of European kit maker Nokia Siemens Networks, which this week announced that it would be unable to complete its acquisition of Motorola's wireless network assets this quarter as planned due to opposition from China. Further, it cannot provide new guidance on when the $1.2 billion deal is likely to go through. The acquisition requires the approval of the Anti-Monopoly Bureau of the Ministry of Commerce in China, or MOFCOM, the only global antitrust body still to give it the green light. Chinese equipment maker Huawei is opposed to the deal on the grounds that it has worked with Motorola for the past decade and fears the transfer of its own intellectual property to Nokia Siemens…

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