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The U.S. has warned Syria against using Chinese telecom technology, citing national security concerns. This message was delivered during a meeting between U.S. officials and Syrian Communications Minister Abdulsalam Haykal. Syria is considering Chinese technology for its telecom infrastructure but is open to U.S. partnerships, despite existing export controls. The U.S. urged Syria to prioritize American or allied technology, highlighting risks associated with Chinese firms. Syria's telecom sector, heavily reliant on Chinese technology, seeks to improve its infrastructure and attract foreign investment, including a recent $800 million commitment from Saudi Arabia's STC.

Yahoo Finance

CHINA TELECOM

Exclusive-Washington presses Syria to shift from Chinese telecom systems

House Democrats criticized the Trump administration's decision to pause key tech security measures against China, claiming it jeopardizes U.S. national security. In a letter to Commerce Secretary Howard Lutnick, they expressed concerns over the shelving of a ban on China Telecom's U.S. operations and other proposed bans. They argue that these actions indicate a troubling pattern of prioritizing relations with China over national security. The Democrats requested a briefing on the implications of these decisions, especially regarding foreign tech threats.

Reuters

Shelving China actions harms US national security, House Democrats say

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Saudi Telecom Company (stc) reported a 39.94% decline in net profit for FY 2025, totaling SAR 14.83 billion ($3.95 billion), primarily due to a significant one-off gain in 2024 from selling a controlling interest in subsidiaries. Excluding this gain, underlying profit increased by 12.5%. Total sales rose by 2.5% to SAR 77.82 billion, with operating profit up 6.6% to SAR 14.44 billion.

Zawya

CSOP SAUDI

ZAWYA-NEWS: Saudi Telecom Company’s FY 2025 net profit drops 39% to $3.95bln

Ahead of the Trump-Xi Jinping meeting in April, the Trump administration has paused several key technology security measures against China, including restrictions on China Telecom and sales of Chinese equipment in the U.S. This decision follows a trade truce and aims to ease tensions before the summit. However, the tech rivalry continues, with ongoing initiatives like Project Vault to reduce reliance on Chinese supply chains and China's plans to enhance its space computing capabilities.

benzinga_article

US Suspends Key Tech Restrictions On China Ahead Of Trump-Xi Summit In April: Report

The Trump administration has paused several tech security measures against China ahead of an upcoming summit between Presidents Trump and Xi. These include bans on China Telecom's U.S. operations and restrictions on Chinese tech sales. Critics warn this could leave U.S. data centers vulnerable to Chinese influence. The Commerce Department defends its actions as necessary for national security, while some lawmakers express concern over the implications for U.S. infrastructure and data security. The situation may change depending on the outcomes of the April meeting between the two leaders.

EXCLUSIVE-Trump pauses China tech bans ahead of Xi summit

XDAT

.SPX

The Trump administration has paused key tech security measures against China, including bans on Chinese telecom operations and equipment sales, ahead of an upcoming meeting between Presidents Trump and Xi. Critics warn this could leave U.S. data centers vulnerable to Chinese threats, especially as demand for AI technology surges. The Commerce Department defends its actions as necessary for national security, while some officials suggest that these measures could be revived if U.S.-China relations deteriorate after the April summit.

- The Trump administration has shelved key tech security measures aimed at China, including bans on certain telecom operations and equipment sales, ahead of an upcoming meeting between the two presidents.  
- These actions are viewed as an attempt to reduce trade tensions, but critics warn they may leave U.S. data centers vulnerable to Chinese influence amid a surge in demand for AI.  
- Further restrictions on Chinese tech could be reinstated if relations worsen after the April summit, as some officials emphasize the growing national security risks posed by foreign technology.

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EXCLUSIVE-US-China trade detente fuels mothballing of key China tech curbs

The US administration is delaying key tech security measures against China ahead of Trump's visit in April, including a ban on China Telecom and restrictions on Chinese tech sales. This decision aims to maintain positive relations following a previous trade truce. The focus has shifted to foreign tech threats from Iran and Russia instead. The US seeks to avoid tensions with China in the coming months, while China may leverage its position with rare earth minerals before the meeting.

Investinglive

US-China trade truce sees a number of key China tech curbs being shelved - report

Measures include finalized ban on China Telecom's U.S. business, Chinese equipment sales to US data centers-sources

marketscreener

Measures include finalized ban on China Telecom's U.S. business, Chinese equipment sales to US data centers-sources

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Nomura released a research report, pointing out that the telecommunications industry in mainland China is facing challenges, with service revenue growth expected to decline from 3.2% to 0.7% by 2025. Mobile service revenue decreased by 3.1% year-on-year, reaching RMB 609.7 billion. Due to market saturation, intensified competition, and a weak macro environment, the industry's outlook is not optimistic. The firm downgraded China Telecom and China Unicom to "Neutral," adjusting their target prices to HKD 5.5 and HKD 8, respectively, while maintaining a "Buy" rating for China Mobile, with a target price lowered to HKD 96

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Guotai CSI All Share Communications Equipment ETF

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ChinaAMC CSI 5G Communication ETF

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China Unicom

China Mobile

CHINA MOBILE

CHINA UNICOM

Nomura: The outlook for the mainland telecommunications industry is challenging this year, downgrading China Telecom and China Unicom ratings to "Neutral"

Jefferies analyst Edison Lee has reaffirmed a Buy rating for China Telecom (ZCH) with a price target of HK$7.54. Lee, a 5-star analyst with a 30.2% average return and 60% success rate, covers the Technology sector. While Jefferies maintains a positive outlook, TipRanks also noted a recent downgrade to Hold from another analyst on the same day.

Tip Ranks

Jefferies Sticks to Its Buy Rating for China Telecom (ZCH)

Guangdong Telecom has suspended the bidding for two optical cable centralized procurement projects due to a surge in fiber optic prices. The projects include the framework procurement for emergency demand for optical cables in 2026 and the framework procurement for outdoor optical cables. The projects were suspended because the cost of optical cables exceeded the bidding limit, and manufacturers were unwilling to bid. The price of fiber optics has risen from less than 20 RMB per core kilometer to over 50 RMB per core kilometer

Fiber optic prices soar, reports indicate that Guangdong Telecom has suspended two optical cable procurement projects

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KNOWLEDGE ATLAS(02513) rose 36.22%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 138.2%. MINIMAX-WP(00100) rose 11.71%, with a trading turnover 796.5 Million HKD, and a year-to-date rose 212.1%. EASTROC(09980) fell 3.87%, with a trading turnover 206.3 Million HKD, and a year-to-date rose 4%. CHINA TELECOM(00728) fell 2.96%, with a trading turnover 587.4 Million HKD, and a year-to-date fell 8.7%.

- The Hang Seng Index increased by 1.76%, with a year-to-date gain of 5.4%, while the Hang Seng Tech Index rose 1.34%, but has seen a 1.8% decline this year.  
- Zhipu (02513) surged by 36.22% with a trading volume of 1.16 billion HKD, marking a year-to-date increase of 138.2%.  
- In contrast, Dongpeng Beverage (09980) dropped by 3.87% with a trading volume of 210 million HKD, showing a 4% rise for the year, while China Telecom (00728) fell 2.96%, impacting its year-to-date loss of 8.7%.

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According to China Space and Time Information Group, recently, China Space and Time has partnered with the three major telecommunications operators to launch the Beidou SMS service. Based on the service capabilities of China Space and Time, China Mobile, China Telecom, and China Unicom all support the Beidou SMS service. (CCTV)

Wallstreetcn

Fullgoal CSI Communication Equipment Thematic ETF

China Space and Time collaborates with operators to launch Beidou SMS services

MB-CTEL@EC2608A(25584.HK)

Exclusive-Washington presses Syria to shift from Chinese telecom systems

Shelving China actions harms US national security, House Democrats say

ZAWYA-NEWS: Saudi Telecom Company’s FY 2025 net profit drops 39% to $3.95bln

US Suspends Key Tech Restrictions On China Ahead Of Trump-Xi Summit In April: Report

EXCLUSIVE-Trump pauses China tech bans ahead of Xi summit