https://sputnikglobe.com/20220129/huawei-files-lawsuit-against-sweden-in-international-court-of-arbitration---reports-1092609993.html
Huawei Files Lawsuit Against Sweden in International Court of Arbitration - Reports
Huawei Files Lawsuit Against Sweden in International Court of Arbitration - Reports
Sputnik International
MOSCOW (Sputnik) - China's Huawei has filed a lawsuit against Sweden in the International Court of Arbitration after the Swedish Post and Telecom Authority... 29.01.2022, Sputnik International
2022-01-29T18:42+0000
2022-01-29T18:42+0000
2022-01-29T18:43+0000
world
sweden
huawei
lawsuit
international court of arbitration
https://cdn1.img.sputnikglobe.com/img/07e5/0b/12/1090819696_0:152:3072:1880_1920x0_80_0_0_e350248abd9306c9a50c9b636400a157.jpg
In October 2020, Sweden banned the use of telecommunications equipment from Chinese companies Huawei and ZTE in 5G networks before holding the first frequency auction for the 5G mobile communications standard. In response, Huawei threatened to sue Sweden over the issue, according to the SVT Nyheter public broadcaster.Stockholm justified the ban by citing national security interests.The lawsuit was registered with the International Center for the Settlement of Investment Disputes on January 21. The amount of the claim is 5.2 billion Swedish kronas ($560 million), however, according to the broadcaster, the figure could rise up to 30 billion kronas.
sweden
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2022
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
sweden, huawei, lawsuit, international court of arbitration
sweden, huawei, lawsuit, international court of arbitration
Huawei Files Lawsuit Against Sweden in International Court of Arbitration - Reports
18:42 GMT 29.01.2022 (Updated: 18:43 GMT 29.01.2022) MOSCOW (Sputnik) - China's Huawei has filed a lawsuit against Sweden in the International Court of Arbitration after the Swedish Post and Telecom Authority (PTS) denied the company access to the development of a 5G network infrastructure in the country, Swedish media reported on Saturday.
In October 2020, Sweden banned the use of telecommunications equipment from Chinese companies Huawei and ZTE in
5G networks before holding the first frequency auction for the 5G mobile communications standard. In response, Huawei
threatened to sue Sweden over the issue, according to the SVT Nyheter public broadcaster.
The lawsuit was registered with the International Center for the Settlement of Investment Disputes on January 21. The amount of the claim is 5.2 billion Swedish kronas ($560 million), however, according to the broadcaster, the figure could rise up to 30 billion kronas.
