Huawei To Restrict Operations In Iran

Telecommunications-equipment manufacturer Huawei Technologies is restricting its business in Iran voluntarily, despite its business in Iran been in full compliance with all applicable laws and regulations including those of the UN, US and EU.

In an official statement, the company said that it is no longer seeking new customers and limiting its business activities with existing customers due to the increasingly complex situation in Iran. The statement comes in the wake of news that the Iranian authorities were using mobile networks to track dissidents.

For communications networks that have been delivered or are under delivery to customers, Huawei says it will continue to provide necessary services to ensure communications for Iran’s citizens.


Just in

PortX raises $16.5M

Seattle-based PortX, an integration technology company focused on financial services infrastructure, has announced a Series B funding round of $16.5 million.

CGI wins 10-year AOUSC contract for $143.5M

CGI has been awarded a ten-year IDIQ contract by the Administrative Office of the U.S. Courts. If all options are exercised, the total value of the task order will be $143.5 million.