Telefónica(US:TEF) Guan Cha Zhe Wang·2025-08-30 03:40Core Points - Spain has canceled a €10 million contract for upgrading public fiber optic networks using Huawei equipment due to pressure from the US and EU [1][5] - The contract was initially approved to enhance the RedIRIS infrastructure, which connects over 500 universities and research centers in Spain [1][2] - The Spanish government cited "digital strategy and strategic autonomy" as reasons for the cancellation, indicating a shift in policy [1][5] Group 1 - The contract aimed to upgrade the IP connection service bandwidth from 100Gbps to 400Gbps to enhance network security and meet new demands [2] - The contract was awarded to Telefónica, with Huawei equipment specified due to its previous use in a 2020 upgrade contract worth €5.5 million [4] - The upgrade was planned to be completed within five months across multiple locations, including major cities like Madrid and Valencia [4] Group 2 - Huawei has denied security risk allegations and emphasized compliance with local laws and regulations [6] - Spain does not have a "high-risk supplier" list like other EU countries, allowing for the procurement of Chinese equipment [6][7] - The Spanish Interior Ministry clarified that the collaboration with Huawei posed no security risks and was independently verified [7] Group 3 - The US has criticized Spain's contracts with Huawei, alleging potential espionage, while the EU has pressured member states to exclude "high-risk suppliers" [7][8] - Chinese officials have condemned US actions as bullying and emphasized the need for fair treatment of Chinese companies in Spain [8]