Carriers May be Fined 10 Percent of Sales for Breaching UK Huawei Ban

Carriers may be hit by fines worth up to 10 percent of their revenue by the UK government for breaching its Huawei ban. It’s part of a proposed new law, reported Bloomberg News.

The Telecommunications Security Bill is meant to oversee 5G mobile and fiber networks and will include electronic equipment and software that handles internet traffic and phone calls, the Department for Digital, Culture, Media and Sport said in a statement Tuesday. Communications regulator Ofcom will be in charge of enforcement. The bill will give the government the power to implement and enforce the ban on Huawei’s 5G equipment that it announced in July. Carriers have until the end of 2020 to stop buying the gear, after the U.K. deemed the Chinese technology giant a security risk, and the companies must remove existing Huawei equipment from their 5G networks by 2027. “This will be a significant step to protect the U.K. from hostile cyber activity by state actors or criminals,” the DCMS said in the statement. “Over the past two years the government has attributed a range of cyber attacks to Russia and China, as well as North Korea and Iranian actors.”

Check It Out: Carriers May be Fined 10 Percent of Sales for Breaching UK Huawei Ban

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