NEW DELHI - India is quietly tightening regulations against Chinese firms in the telecommunications sector as border troubles simmer over, with China's Huawei Technologies Co and ZTE Corp reportedly being barred from upcoming 5G trials.. Read more at straitstimes.com.
NEW DELHI - India is quietly tightening regulations against Chinese firms in the telecommunications sector as border troubles simmer over, with China's Huawei Technologies Co and ZTE Corp reportedly being barred from upcoming 5G trials.
While India and China have successfully delinked border troubles from the economic relationship for the past 30 years, the tide has now turned. "Everything is up in the air and out of gear. There is so much policy uncertainty, we don't know what is going to happen. It is easier said than done to stop taking from China, which is already embedded in the current infrastructure," he said, adding that his firm was now reassessing its presence in India.
"The market share of Chinese firms is more than one third. That's not a small number," noted Mr Mahesh Uppal, director of ComFirst, a consultant company specialising in regulation and policy. The telecom industry, consisting of less than half a dozen operators, has over the past two decades transformed the lives of millions of Indians to the point where even the poor can afford a phone and a connection. Many firms, however, ridden by debt and tough competition, have also folded.
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