Swedish court to hear Huawei's case against 5G ban [Reuters]
ZTE CORP UNSP/ADR (ZTCOY)
NASDAQ:AMEX Investor Relations:
zte.com.cn/global/about/investorrelations
Company Research
Source: Reuters
By Supantha Mukherjee 3 Min Read STOCKHOLM, April 21 (Reuters) - A Swedish administrative court on Wednesday will start hearing arguments in a case filed by Huawei Technologies Co Ltd against the country’s telecom regulator for banning the Chinese company from its 5G networks. While several countries across Europe are still formulating telecom policies, only the United Kingdom here and Sweden have so far banned Huawei and ZTE Corp from supplying critical 5G network equipment. Sweden’s telecom regulator PTS in October banned the Chinese companies from rolling out 5G, citing security risks. It gave telecom operators taking part in 5G auctions until Jan. 1, 2025 to remove Chinese gear from their infrastructure and core functions. Under Swedish law, any company affected by new legislation has the right to be heard and given the chance to clarify any concerns before restrictions are imposed, said Kenneth Fredriksen, Huawei’s executive vice president, Central East Europe and Nordic Region,
Show less
Read more
Impact Snapshot
Event Time:
ZTCOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZTCOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZTCOY alerts
High impacting ZTE CORP UNSP/ADR news events
Weekly update
A roundup of the hottest topics