Britain’s telecoms companies could be fined up to 10 percent of turnover or £100,000 ($133,140) a day if they fail to comply with a ban on using equipment made by Chinese tech giant Huawei under a new law put forward on Tuesday.
The Telecommunications (Security) Bill will give the government “unprecedented new powers to boost the security standards of the UK’s telecoms networks and remove the threat of high-risk vendors,” the government said in a statement.