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Ticker Volume Price Price Delta
DJIA 12,529.80 +33.60 0.27%
S&P 500 1,320.68 +1.82 0.14%
Nasdaq 2,839.38 -10.74 -0.38%
Ticker Volume Price Price Delta
STOXX 50 2,144.58 -11.94 -0.55%
FTSE 100 5,322.34 -27.71 -0.52%
DAX 6,297.85 -18.04 -0.29%
Ticker Volume Price Price Delta
Nikkei 8,580.39 +17.01 0.20%
TOPIX 722.11 -0.14 -0.02%
Hang Seng 18,713.40 +47.01 0.25%
Gold 1,564.00 +0.27%
EUR-USD 1.2512 -0.1646%
Nasdaq 2,839.38 -0.38%
DJIA 12,529.80 +0.27%
S&P 500 1,320.68 +0.14%
FTSE 100 5,322.34 -0.52%
STOXX 50 2,144.58 -0.55%
DAX 6,297.85 -0.29%
Oil (WTI) 90.57 -0.10%
U.S. 10-year 1.743% -0.034
BAC:US 7.14 -0.42%
FB:US 33.03 +3.22%
BREAKING NEWS

Huawei to Give London Subway a Mobile Network, Sunday Times Says

Huawei Technologies Co., China’s largest phone networks maker, is offering 50 million pounds ($81 million) of “aid” to install a free mobile telephone network in the London Underground, the Sunday Times reported, without saying where it got the information.

The agreement is likely to be signed by April and would allow London’s subway passengers to send and receive e-mails in time for the London 2012 Olympics, the newspaper said. Huawei, working with Thales SA on the transmitters, would earn fees for maintenance, and Vodafone Group Plc and Telefonica SA’s O2 would pay for installation, the paper said.

Patrick Mercer, a Conservative member of Parliament and former member of the counter-terrorism subcommittee, said China’s involvement in U.K. mobile phone networks should raise concerns about cyberattacks and the ability of people to detonate bombs on Underground trains.

To contact the reporter on this story: Chris Kay in London at ckay5@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

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