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EU explores banning Huawei, ZTE Corp from mobile networks of member countries, Bloomberg News reports

Published by Global Banking & Finance Review

Posted on November 10, 2025

1 min read

· Last updated: January 21, 2026

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EU explores banning Huawei, ZTE Corp from mobile networks of member countries, Bloomberg News reports
telecommunications European Commission cybersecurity technology financial services
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(Reuters) -The European Commission is considering ways to force European Union member states to phase out Huawei and ZTE Corp from their telecommunications networks, Bloomberg News reported on Monday,

EU Considers Phasing Out Huawei and ZTE from Telecom Networks

EU's Telecommunications Security Strategy

(Reuters) -The European Commission is considering ways to force European Union member states to phase out Huawei and ZTE Corp from their telecommunications networks, Bloomberg News reported on Monday, citing people familiar with the matter.

Reuters could not immediately verify the report.

(Reporting by Yazhini M V in Bengaluru; Editing by Alan Barona)

Key Takeaways

  • The EU is considering a ban on Huawei and ZTE from telecom networks.
  • The European Commission is leading the initiative.
  • The move aims to enhance telecommunications security.
  • Member states may be forced to phase out these companies.
  • The report is based on sources familiar with the matter.

Frequently Asked Questions

What is telecommunications?
Telecommunications refers to the transmission of information over distances for communication. This includes various technologies such as telephones, internet, and broadcasting.
What is the European Commission?
The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and managing the EU's day-to-day operations.
What is cybersecurity?
Cybersecurity involves protecting computer systems, networks, and data from theft, damage, or unauthorized access. It is crucial for safeguarding sensitive information in the digital age.
What is technology in finance?
Technology in finance, often referred to as fintech, encompasses innovations that improve and automate the delivery of financial services, enhancing efficiency and customer experience.
What are financial services?
Financial services are economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including banks, investment firms, and insurance companies.

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