ZTE dismisses EU subsidy probe talk

ZTE dismisses EU subsidy probe talk

Michael Carroll  |   May 22, 2013
telecomasia.net
Chinese vendor ZTE is offering a robust defense against a potential EU subsidy probe, despite admitting receiving no official notice of an investigation.
 
In a statement released yesterday, the firm dismissed reports of a probe into state subsidies and dumping of telecoms equipment by it and domestic rival Huawei as media speculation, and noted it has not had contact with any authorities regarding an investigation.
 
ZTE again denied receiving “illegal or hidden subsidies,” or dumping products in any of the markets it operates. It also states its commitment to “transparent operations,” and complying with local and World Trade Organization regulations.
 
European Union trade commissioner, Karel De Gucht, last week named ZTE and Huawei in connection with a potential probe into alleged Chinese state subsidies for the pair – the first time the duo had been officially linked to the wrangle.
 
The commissioner believes the vendors use subsidies to enable them to dump telecoms kit into Europe, and warned an investigation is possible if negotiations with China fail.
Michael Carroll

Bigbox

TelcoStrat 288

TELCO STRATEGIES CONFERENCE
May 7-8, Jakarta
Join telco CxOs from around Asia to discuss:
• Changing the way telcos operate
• New service offerings
• Restructuring for innovation
See the conference agenda >>

Ericsson has been in Asia for more than 100 years and will continue to drive technology and services leadership in order to bring the best mobile experiences to end users

SignUpTAenews

Frontpage Content by Category with Image

Activists petition for the withdrawal of the Newborn-to-Toddler Apptivity Seat

 

Telecomasia.net full website

© 2012 Questex Asia Ltd., a Questex Media Group company. All rights reserved. Reproduction in whole or in part is prohibited. Please send any technical comments or questions to our webmaster.