and he pretty thank you so much for talking to al-jazeera today you work for the number one telecoms provider in the world the number 2 smartphone provider in the world and yet in the research that i did for this interview i came across a podcast called what's so scary about huawei and i want to do ask you that or maybe i would rephrase it a little bit for you and i would say what is it that you think makes people quote unquote scared of huawei well i think right now we have a geo political battle between the u.s. and china the largest privately owned company in china and active in telecommunications market so 170 countries were kind of caught in the middle and a number of government people have said it's not really about the company it's about the country china so i think the fact that we're based in china raises some concerns and certainly the u.s. government and some others rights of the common misconception is that. huawei is in some way shape or form of the chinese government so how do you respond to people when they question that and i'm going to presume you get a lot but secur

he has been focused on the issue of telecom and other companies using taxpayer money.or years commission chairman ajit pai led that 5-0 vote today and joins us tonight. congratulations on the vote. a clear-cut statement of putting u.s. national security, national you interest above commercial interest, and congratulations to you and the commission for doing so. >> it's a unanimous vote. when it comes to the national security of our communications network, we don't know party affiliation. it's about the security of the country. >> the attorney general of the united states announcing clearly that both these companies, huawei and zte pose a national security threat. he went further and said it's the conduct of the people's republic of china that goes into his assessment of their national security threat and the risk posed. how far is this going to go, and what are the next steps for the united states? these two companies have been features prominently by the chinese and their efforts to drive a potential potential -- . >> each of them has engaged in conduct intellectual p

operators have major responsibility we're an equipment vendor people forget that the telecom operators have a critically important role they've got their standards their best practices we in working with the global community have standards and best practices to address the risk so it's about risk management we believe the world is moving toward a system of internationally recognized standards conformance programs and testing of the products of all equipment vendors so we can have a system of trust through verification we think that's the way that that citizens and governments can take advantage of the benefits of technology in a way where the risk is addressed i'm glad you used the word trust because that was going to be my next question and this is a broader question i'd like to ask you not necessarily about huawei itself but the fact that this is all about who we are it's our data it's our money it's our personal details and it requires from us the consumers a lot of trust of you the creators of the of the technology the telecom companies there has to be a lot of trust these days and

it's the world's number one telecom gear supplier and number 2 smartphone vendor route to south korea. while ways revenue grew almost 20 percent in 2018 so passing $100000000000.00 for the 1st time but the chinese technology companies at the center of the trade war between china and the united states huawei is blacklisted by the white house huawei is something that's very dangerous you look at what they've done from a security standpoint from a military standpoint it's very dangerous santa maria in doha why is huawei regarded as a cyber security threat by the united states and is it in independent company which is an arm of the chinese government we find out as well ways chief security officer in the united states and he talks to al-jazeera. and he pretty thank you so much for talking to al-jazeera today you work for the number one telecoms provider in the world the number 2 smartphone provider in the world and yet in the research that i did for this interview i came across a podcast called what's so scary about huawei and i want to do ask you that or maybe i would rephrase it a littl

while one representative of the telecoms companies has actually called the scientists' fee is absurd.scientific agencies and said "we don't think that your analyses are correct. we actually think that this is something that isn't such a big deal and that even if it is a big deal we can solve this some other way." although the science community has not —— said they are not against ig, because the benefits are clear, they have tried to engage with the telecom companies about potential interference. so far without much response. i know that there is one company that really could benefit a great dealfrom 5g company that really could benefit a great deal from 5g because they promote weather apps. of course whether companies want 5g, but the thing is is that they are opposed to this issue because they're like, well, what's the use of having a new, faster app if we have inaccurate information? 56 is coming and it will no doubt bring lots of benefits, but we are living in a time of rapidly changing climate, where severe weather is becoming more frequent and more dangerous. we need to be able

he has been focused on the issue of telecom and other companies using taxpayer money.or years commission chairman ajit pai led that 5-0 vote today and joins us tonight. congratulations on the vote. a clear-cut statement of putting u.s. national security, national you interest above commercial interest, and congratulations to you and the commission for doing so. >> it's a unanimous vote. when it comes to the national security of our communications network, we don't know party affiliation. it's about the security of the country. >> the attorney general of the united states announcing clearly that both these companies, huawei and zte pose a national security threat. he went further and said it's the conduct of the people's republic of china that goes into his assessment of their national security threat and the risk posed. how far is this going to go, and what are the next steps for the united states? these two companies have been features prominently by the chinese and their efforts to drive a potential potential -- . >> each of them has engaged in conduct intellectual p

telecom companies huawei and zte, labeling those companies a national security threat.he fcc also beginning the process to force u.s. telecom companies to re -- to replace existing products manufactured by huawei and zte. joining me is commission chairman ajit pai led that 5-0 vote today and joins us here tonight. great to see you. congratulations on the vote. a clear-cut statement of putting u.s. national security, national interests above commercial interests and congratulations to you and the commission for doing so. >> it's a unanimous vote. and when it comes to the national security of our communications network, we do not know about party affiliation. it's about the security of the country. the attorneyey general of the united states announcing clearly that both these companies, huawei and zte posed a national security threat. he went further and said it's the conduct of the people's republic of china that goes into the assessment of their national security threat and the risk posed. how far is this going to go and what are the next steps for the united states? th

new electricity as some telecom ceo's and executives have boldly promised, two-thirds of america willleft in the dark for a long time. let me just explain if you're watching in u.s., los angeles, chicago, big cities, no problem, telecom giants will rush to build out the new fifth generation communication standard for you but for smaller towns and rural america, 5g which requires a tremendous amount of money to beef up and install fiber networks has been nothing more than a dream, you can see the empty states where there are no red dots that means no telecom companies are building out wireless. my next guest said he's figured out major guys to fork the cost, investments can be great for big business, president of broadband group here in fox business exclusive. tom, good to have you, is pi right when the u.s. is leading and all looks good? >> he may very well be right and mentioned 5g is not replacement technology and comment heavily depended on fiber investments, i think that's the key. the communities that have the potential being left behind are those that will not have significant f

congress is unlikely to undertake telecom activity. are there particular bills you support that you think have a fighting chance of getting past? >> i can't speak to all of the divisive issues. i'm sure we all have opinions on those. is a neutralink issue is advancing the economic andlopment of rural america broadband is one of those items. i think there's bipartisan specific fixese like the mapping effort that we talked about earlier. there's legislation in development there that can get beartisan support and would a good signal for both sides of aisle that we're advancing the competitiveness of america and so i would hope that can come together around that and i think the some tools has begun that can help implement that even without the legislation. a common beef wireless companies have long had is that out theling infrastructure, a plethora of state and local regulations attachments pole and the various physical issues of getting the wire on a pole or ground are legion. of that today?e how difficult or how much easier your getting

telecom networks. similarly we are proposing to go further than that which is to look at rip and replacement taking insecure equipment, essentially huawei increment out of network spread i've asked the fcc to expand the proposal and not just those that receive universal support but to any medications provider that has an insecure equipment in their network. i think those are important steps to have a safe, secure network in the u.s. back what evidence convince you that there was a threat to? >> guest: we did briefings on this issue and some of which on the confidential side but there's public indication as well. one is the unity of interests and control between the communist party in china and some of these equipment providers. in particular laws in china that require them from a surveillance and other perspective to potentially do their bidding and not disclose that to the u.s. we seen in other contexts as well from companies that ultimately are owned and controlled by the people public of china and t

the worry is that huawei is installing secret spy equipment within its telecom equipment.fate on friday when the fcc, the federal communications commission, is expected to vote on whether to ban federal subsidies from going to the chinese telecom giant. let's bring in to discuss this cybersecurity expert who founded the george mason law school national is security institute, he's also the senior vp at iron net cybersecurity, jamil jaffer, also senior reporter john schwartz. all right, to you first, jamil. just clarify where for our view, because every time we do this segment i ask people is huawei a national security issue and threat or not? because everything else is just conversation. >>, no absolutely, liz, huawei and zte are serious national security threats. they are, you know, built off of a chinese government infrastructure which has stolen intellectual property from the united states, they have an active effort to get into our and ally communication systems x the reality is that the chinese legal system is such that huawei and zte can get at communications without

budget telecom has not commented publicly on the report which sides unnamed companies sources. who are way higher as a canadian courts to lead at least stop the attempt to extradite its detained chief financial officer of men one jolt to the united states was always at the center of the u.s. china trade conflict as the daughter of the company's founder was arrested i thank you ali a year ago. general motors says it's seeking substantial damages from fia chrysler its father record tearing lawsuit and alleging its rival bribe union officials for years to corrupt the bargaining process g.m. says it could cost billions of dollars says the loss of will have no effect on his plan with persia. climate change and the policies to mitigate it will make the world a poorer place in 2015 that's according to a new study by the economist intelligence units that scored more than 80 countries on their willingness and ability to confront global warming let's have a closer look at the study overall the global economy will be 3 percent smaller than baseline for cost developing that nations will be

britain's opposition labor party says it will nationalize british telecoms broadband network to provide free internet for all the pledge caught markets by surprise stocks tumbled initially but later recovered labor says its telecom sector overhaul will be paid for by raising taxes on tech firms like google amazon and facebook and using its green transformation fund. the european investment bank will stop funding fossil fuel so by the end of 2021 like to help fight climate change that includes a natural gas projects many european countries still rely heavily on gas to power electricity grids the bank says policy changes need to strike the right balance between protecting the environment and keeping the lights on across the continent. and amazon wants to challenge the pentagon's decision to give microsoft a $10000000000.00 cloud computing contract the online retailer said. is politics in the way of a fair process u.s. president donald trump has repeatedly taken swipes at amazon and its founder jeff bezos also owns the washington post. everyone who's traveled from europe to australia knows

britain's labor party the opposition party says it will nationalize british telecoms brought that network to provide free internet for all the pledge caught markets by surprise stocks tumbled initially but later recovered labor says it's over overhaul of the telecom sector will be paid for by raising taxes on tech firms like google amazon and facebook and using its mean transformation from. iceland's biggest fishing company sam perry is accused of bribing the namibian government for the permission to exploit its waters as a consequence to namibian ministers have already has resigned but now the scandal has also reached iceland iceland fishing industry is in choppy waters the country's biggest fishing firm some harry is accused of bribing the namibian government for the permission to troll its will shares. post middlemen know it reminded me in a uncomfortable way of the old fashioned colonizers who exploit the weaknesses of a country's government the allegations were made by former employee turned whistleblower johana stefan son who leaks thousands of corporate documents to a team of inves

of course, the labour party is saying it will pre— national part of british telecom as part of that planthere is also bubble their and so there is also bubble their and they also say it will be paid for by a new tax on the tech companies that will somehow be the ones responsible. so it is how you are structuring it. this key it, because we all expect greater broadband and that is because lives have changed. more and more is done via online, whether a dish shopping, viewing or whatever. basically, via online, whether a dish shopping, viewing orwhatever. basically, both parties are saying it. labour says it in parties are saying it. labour says itina parties are saying it. labour says it in a different way and it includes renationalisation of the telecoms but for me the key thing is that we have accepted we need to have broadband and we expected. at the moment only 7% of the uk has full broadband. and people want to do their shopping. they do. and we will get to that story later on and we will also get to election pledges from the conservative party as well. staying in cyberspace and talki

china mobile, china unicomm and china telecom. 128 yuan per month for current 56 plans, which is 18 usnsive. not many people own 56 mobile phones but companies like xiaomei and huawei are offering. what is the big deal? analysts say if ag are offering. what is the big deal? analysts say if 4g was like escape order, 5g is like a rocket ship. apple's tv+ streaming service launches today and it's available for a monthly subscription fee and features a lineup of original shows, movies and documentaries. apple announced their entry into the streaming world earlier this year with the help ofjennifer aniston, steven spielberg and oprah are just some of the big names in hollywood working with apple to create original content for their new platform. apple tv+ is a streaming service which will cost $4 99 per month or £4 99 but customers who purchased a new apple device after september ten will get a year for free. apple tv+ is different from apple tv which is a physical box that can plug into your tv and basically turn it into a smart tv with apps that can allow you to play content from differen

now let's have a look at some other business stories making headlines today telecom will face all of huawei technology over the next 2 years and that ongoing discussions of security issues with the chinese company that's according to a german magazine a german magazine that's awful for those who telecom has not commented publicly on the reports which sides unnamed companies sources. who are way has asked the canadian courts to needed please stop the attempt to extradite its detained chief financial officer of men one jolt to the united states was always at the center of the u.s. china trade conflict as the daughter of the company's founder was arrested i found . nearly a year ago. general motors says it's seeking substantial damages from fia chrysler its father record tearing lawsuit and alleging its rival bribe union officials for years to corrupt the bargaining process g.m. says it could cost billions of dollars says the lawsuit will have no effect on his plan with persia. climate change and the policies to mitigate it will make the world a poor place in 2058 that's according to a

and us president donald trump gives chinese telecoms giant huawei another reprieve. it was a record close for the broad market in the us and a mixed picture emerging in asia with hong kong up another 1% today. google is launching its streaming gaming platform called google stadia today. the platform offers games on a subscription basis that plays from google's servers. this means there are no discs, physical media or devices involved and the games will play on computers, tablets or mobile phones. stadia will launch with 22 games, which some critics say is not enough, but it's still almost twice the amount initially promised. as it relies on the internet to work. many areas where connections aren't up to speed will not be able to use it. it will be available in m countries from today, with more coming in the next few months. some have balked at the price, the $129.99 premiere edition will include a stadia controller, a chromecast dongle, and three months of stadia streaming. a free—to—play version of stadia, with a lower resolution, will be offered at a future time. g

congress is unlikely to undertake telecom activity.e there particular bills you support that you think have a fighting chance of getting passed in this legislative session? >> i can't speak to all the divisive issues. i am sure we have opinions on those. what i think is a neutral issue is advancing the economic about men of rural america. rod bend is one of those items. i think there is broad bipartisan support for some specific fixes. like the mapping effort we talked about bipartisan support and would be a good signal for both sides of the aisle that we are advancing the position of competitiveness of america. congress couldat come together around that and i think the fcc also has some tools that they have already begun that can help implement that even without the legislation. companies, ae ofmon beef, a plethora state and local regulations actually dealing with attachments. the physical issues of getting the wires on a pole are legion. has that -- what is the state of that today? how difficult or how easy is it getting to roll out

washington has granted an extension for businesses to deal with blacklisted telecoms giant huawei.as regular does continue to work and rules that the front administration says pose national security risks. the bbc‘s mira hussein has the latest from new york. huawei has been one of the most volatile flashpoints between the us and china. the tax giant has long been viewed with suspicion in america. its status as a supplier of leading network technology as well as its perceived business to the chinese government has fuelled theories its equipment is or could be used for espionage. so, a few people were surprised in may when the trump administration chose to ban american companies from doing business with two. but the potential damage to american interests has the president to delay in enforcing that band. a series of 90 day licenses for huawei to keep buying us supplies has been issued. mr trump has also failed so hard to enforce a rule preventing us companies from buying equipment from huawei. this latest extension to huawei's business firms will be welcome breathing space in the tel

another chinese telecom companies the chinese government can rightfully demand access to data flowing through one way and z. visa systems why would anyone grant such power to regime that has already grossly violated cyberspace but when they're asked the boat evidence they cannot provide any of the other head germany and the us have a little bit of a recent history when it comes to spying after that and this a scandal over the alleged topping of chelsea. phone even though relations between the 2 countries were a little bit intense in 2013 u.s. companies were not banned or sanctioned in germany it seems playing the good regime battery card is kind of working out for washington as it tries to distance species in from the european market apparently some are willing to put morals over facts and comparing the u.s. to china is morally wrong there is no moral equivalence between china and the united states and one who claims otherwise ignores history a mood never to be repeated europeans should ask themselves who is more likely to be listening on that other side of the line. an investment ban

let's go to asia now, and china's three state telecoms firms are launching ultra—fast 5th generation,rvices from today. it's seen as a key step towards china's ambition to become a technology superpower. shara njit leyl is following the story. she is a warren superpower. —— she is our own. this seems like huge news, sharanjit. it is indeed. as you say, starting today, china amongst the very first countries alongside south korea, the us, the uk, making 56 available to consumers and of course it is doing this as you said through three of its mobile phone operators, china mobile, china unicom and china telecom, or part of china's ambitions to become a technology leader. and of course it comes at a time when beijing and washington remain embroiled in the power struggle over trade and technology. there were no five ——we know that 56 is the fifth generation of internet connectivity because it provides much faster upload and download speeds, much wider coverage, more stable connections, and the chinese carriers had initially scheduled the launch for next year but they have rolled it out way

the telecom companies are in focus. of telecom in issued a notice to these operators to pay revenue share dues in the next three months as was directed by the supreme court. around this will be something investors will keenly be watching. 19% inck is up about this calendar year. times oneing at 47 your earnings. earnings.r ne-year earnings. ger, one has been a lag down 15% in this calendar year. rishaad: breaking news, carl icahn saying hp and xerox should get together in this proposed unit, arguing this combination of printer makers is beneficial for investors. he already owns a 10.8% stake in xerox and says he owns a 4.2% hp stake as he pushes for this deal. that is breaking news. icahn pushingcarl for the merging of xerox nhp. this is bloomberg. ♪ >> the member of my staff asked what president trump thought about ukraine. president trump cares more about the investigations of biden, which giuliani was pressing for. >> after you expressed concern of a perceived conflict of interest, the vice president engagement in uk

of funds to subsidize the inclusion of huawei dear india's telecom networks. similarly with proposing to go further than that which is to look at rip and replace, taking insecure equipment essentially huawei equipment out-of-network. i've asked the sec to expand the proposal come to not just carriers receive support but to any communication provider that has an insecure equipment in the network. those are important steps to have a safe, secure network in the u.s. >> what evidence specifically convinced convince you there was a threat? >> guest: we get a lot of briefings, some which are the confidential side but there's a lot of public indication as well. one is the unity of interest in control to in the communist party in china and some of these equipment providers, in particular loss in china that required them for surveillance and other perspective of potentially do their bidding and not disclose it to the u.s. we've seen in other contexts from companies that are owned and controlled by the people's republic of china. there's an instance where a call from lo

it's the world's number one telecom gear supplier and number 2 smartphone vendor route to south korea. while ways revenue grew almost 20 percent in 2018 so passing $100000000000.00 for the 1st time but the chinese technology companies at the center of the trade war between china and the united states huawei is blacklisted by the white house while way is something that's very dangerous you look at what they've done from a security standpoint from a military standpoint it's a very dangerous. area in doha why is huawei regarded as a cyber security threat by the united states and is it in independent company which is an arm of the chinese government we find out as hallways chief security officer in the united states and he purdy talks to al-jazeera. and he put it thank you so much for talking to al-jazeera today you work for the number one telecoms provider in the world the number 2 smartphone provider in the world and yet in the research that i did for this interview i came across a podcast called what's so scary about huawei and i wanted to ask you that or maybe i would rephrase it a li

telecoms services, far too essential for enter for nations carriers to be used in a trusted elements in our network. subcommittee will also consider, the secure 5g and beyond act introduced by representatives. it will require the government to work with strategic allies, secure their 5g networks, and ensure that u.s. 5g networks are secured, and work with industry to work -- and promoting the united states leadership act, 2019, introduced by õrepresentatives, we will also consider the frontier act, introduced by other representatives. finally, we will discuss house resolution five seven five, expressing the sense of the house that all stakeholders in the deployment of 5g's should consider and adhere to the proposals introduced by representatives. also want to thank all the witnesses for being here today >> thank you very much mister chairman and for wanting to thank our witnesses for being with us today, as we discussed legislation on our supply chain and management or respective resources. there are bills on today's hearing that adjusts the challenges we faced and our the department

fellowgot [indiscernible] telecom billionaires on how to raise money. have been ordered to $7 billion. bring it out for us. ?hat is the point theast month, they asked government to pay around $13 billion. they have some sort of -- offered some sort of financial .elief they have specifically asked the government not to give any kind of financial relief to these two citinges and siding -- the money that is due to government and also it is backed theyother group, so specifically asked government not to give any kind of financial relief in the telecoms sector. cindys does not exactly right message when you have backs taxes coming in. it is one of those things where you find yourselves in this liablen and it could be for something like $4 billion our backs taxes. backed -- $400 billion in back taxes. both are struggling and they are seeking help. operators, the theious tax issues and with license charges, they have to go out of the country and some have operators to get some kind of financial package. >> thank you so much, are conglomerates and telecom repor

coming up, one of the world's top telecom and cable analysts says hold on before you place your bets. why the ultimate streaming winner could actually end up being a cable industry stalwart. >>> a significant new keystone pipeline spill drenching wetlands in crude oil at this hour. the supply disruption and the controversy with it pumping up prices right now but it's a positive spin on trade that may be the real propelant for crude and stocks. dow jones industrials up 249 points. the s&p, could we see a fourth record close this week alone? it's up 25. the nasdaq better by 75. and yes, oil is extending its gains in the aftermarket session right now, it's still up two bucks. >>> coming up, we've got the top d.c. energy analyst who says might be too soon to start charging ahead on crude so you've got to stick around and wait for that. happy november, everybody. we're less than an hour to the closing bell. let's start "the claman countdown." liz: breaking news. president trump has just picked cancer center doctor steven hahn to run the food and drug administration. this appointment puts a

bell canada saudi telecom singapore telecom indonesia to go a little bit shady kettle head to feel full album tended to stand few muscle muscle and bone can actually tell you stamina she has no. move to start the kuwait. all of the. time and then to condemn him 7. minutes after. it was done a lot of beer. we could move. in a stalk so when. we left mika there knew him beer technology. went. through resellers too many factors make digital equipment going to. compaq but injured bell canada telephone canada it's mean have to make yourself. caught in the north bell canada will banish erica but back and. seclusion well i think he is a natural entrepreneur bashir is someone who is always on the look for doing things that are new different building really is building. oh we'll. i have been a professor right teach and do research and. all this has been for me discovery finding someone who is so naturally entrepreneurs so i decided at a point in time to write a case study case study. story that we write and we use it in class with men students actually. discuss the situation and then try to see a

telecoms and utilities are a couple of defensive sectors. you are bearish on telecoms. your contrarian call. it is a sector with good evaluation. we can compare them. in the telecom sector, you do not have pricing power. the last time we have seen these , prince william was not married. now he has three kids. coming with that demand. when you look at the background of the commission on digital and , he gives us more room for our call. matt: very interesting stuff. really appreciate your time. hope to get you back on soon with us. joining us out of the paris bureau. next, to risk rallies need more than just a phase one trade deal? that is the question of the day. we will put that to our own analysts here in our bureau. this is bloomberg. ♪ matt: welcome back. this is the european open. we are seeing a risk rally across the continent. in ast got chairman pmi's little bit better than expected. the final reading, 42 .1, still dismal. better than the preliminary reading. the main driver to this rally is optimism on the phase one of a trade deal. we question of the day is do

1990's when we set of rules for social media we basically said let's consider these pipes or as dump telecom companies, and it made sense then. when 65% of the news from facebook and media, section 230 exemption may be needs to be rethought and we have already said you can't do child pornography or sex trafficking. other countries are starting to look at content. maybe we ought to have a debate about that. maybe we should have a discussion that says we might do content if you ask ahead on your content that you posted on facebook and put your real identity next to that, that companies like estonia have seen so much outside intervention that the only way you can get on the social media and estonia's if you validate who you are. that might work in america, but less if you're a clinical activist in egypt. i don't to simply turn the keys over to large chinese platform companies. i would not take that off the table but we have to know what data is collected about us for , what it is worth. we ought to know if we get tired of facebook we can easily move all of our data from facebook, including our