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    Washington set to cut wire connecting Chinese companies to US phone numbers

    The US Federal Communications Commission intends to vote on banning Chinese telecom firms from accessing US phone numbers. Concerns around national security have led to this potential decision against companies like China Mobile and China Telecom. The measure aims to prevent illegal robocalls and protect US telecommunications. China has opposed this likely ban, asserting it undermines legitimate business practices.

    The United States will soon prohibit Chinese telecom companies from having direct access to American phone numbers. This action aims to enhance national security and curb illegal robocalls. The Federal Communications Commission is set to vote on this proposal. The FCC may also revoke number authorizations for firms posing security risks. Concerns about espionage linked to Chinese firms have significantly increased in recent years.

    TVS Supply settles dispute with ZTE, withdraws insolvency plea in NCLAT

    TVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India. The company withdrew its appeal against an order that rejected insolvency proceedings. The National Company Law Appellate Tribunal allowed the withdrawal. This development follows a previous dismissal of insolvency proceedings by the National Company Law Tribunal due to a pre-existing dispute.

    TVS Supply moves NCLAT against NCLT order rejecting insolvency against ZTE

    TVS Supply Chain Solutions is appealing a tribunal's decision. The tribunal had previously dismissed their insolvency plea against ZTE Telecom India. This move follows a dispute over payments dating back to 2017. TVS Supply Chain claims ZTE owes them Rs 4.27 crore. The matter is now before the appellate tribunal for further hearing.

    China's ZTE may pay more than $1 billion to the US over foreign bribery allegations, sources say

    Chinese telecom giant ZTE Corp faces a potential penalty exceeding one billion dollars from the U.S. government. This stems from allegations of foreign bribery to secure telecom contracts. The company previously paid two billion dollars for export violations. Investigations into bribery in South America and other regions are ongoing. A settlement requires Chinese government approval. The U.S.

    NCLT set aside insolvency plea against ZTE filed by TVS Supply Chain

    The National Company Law Tribunal (NCLT) dismissed an insolvency plea against ZTE Telecom India, filed by TVS Supply Chain Solutions. The tribunal cited a pre-existing dispute over Rs 4.27 crore, dating back to 2017, which was under reconciliation and audit objections. NCLT emphasized that insolvency proceedings cannot be used to recover disputed claims.

    The Economic Times
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