US allows ZTE transactions to maintain networks

US allows ZTE transactions to maintain networks

FILE PHOTO: The logo of China's ZTE Corp is seen at the lobby of ZTE Beijing research and development center building in Beijing, China June 13, 2018. REUTERS/Jason Lee/File Photo
REUTERS: The U.S. Commerce Department has granted ZTE Corp, China's No. 2 telecommunications equipment maker, the authority to engage in commercial transactions needed to maintain existing networks and equipment in the United States as it works toward the lifting of a U.S. sales ban.The authorization from the U.S. Commerce Department's Bureau of Industry and Services, dated July 2 and which was seen by Reuters, runs until Aug. 1.
(Reporting by Karen Freifeld; Writing by Tim Ahmann; Editing by Leslie Adler)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/us-allows-zte-transactions-to-maintain-networks-10497170