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Technology: Deutsche Telekom intensifies partnership with Huawei: Handelsblatt

The USA's latest trade legislation is more bad news for Huawei phones

  The USA's latest trade legislation is more bad news for Huawei phones Things are going from bad to worse for Huawei as the US government doubles down on its apparent crusade to prevent the Chinese tech giant from operating in the States. Following the further tightening of export controls on Huawei’s access to American equipment and software, one of its biggest providers, Taiwan Semiconductor Manufacturing Company (TSMC), has stopped taking orders from the company, which means sourcing chips for its devices is set to become a serious challenge.

BERLIN (Reuters) - Deutsche Telekom has intensified its business relationship with China's Huawei despite security authorities' warnings, Handelsblatt newspaper reported on Tuesday, citing internal documents.

a hand holding a cell phone: FILE PHOTO: A worker refurbishes a Huawei cell phone at a workshop of the Oxflo company, specialised in refurbishment of broken European smartphones in Lusignac © Reuters/Regis Duvignau FILE PHOTO: A worker refurbishes a Huawei cell phone at a workshop of the Oxflo company, specialised in refurbishment of broken European smartphones in Lusignac

Deutsche Telekom, which operates in a dozen European markets, relies heavily on equipment from Huawei. Berlin has been resisting U.S. calls to exclude the Chinese company from its telecoms networks on national security grounds.

branch network: Deutsche Bank and Postbank are thinking about joint branches according to

 branch network: Deutsche Bank and Postbank are thinking about joint branches according to © dpa According to Handelsblatt information, the institutes are considering joint branches. Deutsche Bank and Postbank could merge certain branches in the future - but only after an IT changeover. But it has not yet been decided. Deutsche Bank is considering new branch concepts. In the management there are mind games whether the branch network of Deutsche Bank and Postbank could be optimized, the Handelsblatt learned from financial circles.

The German group has depended on Huawei as a supplier for its 5G network and broadband expansion, cloud service and television offering and the two firms had agreed to increasingly rely on "U.S.-free" network components for Telekom's 5G network, the newspaper said.

Telekom had also asked Huawei to give it a technological edge in Germany over its competitors to secure a leadership in 5G network, Handelsblatt reported.

A spokesman for Deutsche Telekom denied any special dependency on Huawei and the Chinese firm declined to comment on details, but said the company had never hid its close relationship with Telekom, Handelsblatt reported.

Deutsche Telekom has argued against any blanket bans on foreign vendors of telecoms network equipment, saying it would reduce its flexibility.

Last month, the German government said it would not agree rules on installing components in the future 5G mobile communications network until at least September.

(Reporting by Riham Alkousaa; Editing by Edward Taylor)

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