Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >US agency votes to launch review, update undersea telecommunications cable rules
    Business

    US Agency Votes to Launch Review, Update Undersea Telecommunications Cable Rules

    Published by Uma Rajagopal

    Posted on November 22, 2024

    3 min read

    Last updated: January 28, 2026

    Add as preferred source on Google
    The image illustrates undersea telecommunications cables, crucial for global internet traffic. This visual underscores the FCC's recent vote to review regulations amidst rising security threats, emphasizing the importance of safeguarding these vital connections.
    Undersea telecommunications cables representing global internet connectivity - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:telecommunicationssecurityInternational paymentsfinancial servicescybersecurity

    By David Shepardson

    WASHINGTON (Reuters) – The Federal Communications Commission voted on Thursday to propose new rules governing undersea internet cables in the face of growing security concerns, as part of a review of regulations on the links that handle nearly all the world’s online traffic.

    The FCC voted 5-0 on proposed updates to address the national security concerns over the global network of more than 400 subsea cables that handle more than 98% of international internet traffic.

    With the expansion of data centers, rise of cloud computing, and increasing bandwidth demands of new large language models, these facilities are poised to grow even more critical,” FCC Chair Jessica Rosenworcel said.

    Baltic nations said this week they are investigating whether the cutting of two fiber-optic undersea telecommunication cables in the Baltic Sea was sabotage.

    Rosenworcel noted that in 2023 Taiwan accused two Chinese vessels of cutting the only two cables that support internet access on the Matsu Islands and Houthi attacks in the Red Sea may have been responsible for the cutting of three cables providing internet service to Europe and Asia.

    “While the details of these incidents remain in dispute, what is clear is that these facilities — with locations that are openly published to prevent damage — are becoming a target,” Rosenworcel said.

    The Chinese Embassy in Washington said “turning undersea cables into a political and security issue severely disrupts international market rules, threatens global digital connectivity and cybersecurity, and denies other countries, especially developing countries, the right to develop their undersea cable industry.

    The FCC is conducting its first major review since 2001 and proposing to bar foreign companies that have been denied telecommunications licenses on national security grounds from obtaining submarine cable landing licenses.

    It also proposes to bar the use of equipment or services in those undersea cable facilities from companies on an FCC list of companies deemed to pose threats to U.S national security including Huawei, ZTE 601728.SS, China Telecom and China Mobile.

    FCC Commissioner Geoffrey Starks said the commission is considering whether to bar companies from getting undersea cable licenses that are on other lists like the Commerce Department’s Consolidated Screening List. “China has made no secret of its goal to control the market, and therefore the data that flows throughout the world,” Starks said.

    Last month, a bipartisan group of eight U.S. senators called on President Joe Biden to undertake “a review of existing vulnerabilities to global undersea cable infrastructure, including the threat of sabotage by Russia and China.”

    The United States has for years expressed concerns about China’s role in handling network traffic and potential for espionage.

    Since 2020, U.S. regulators have been instrumental in the cancellation of four cables whose backers had wanted to link the United States with Hong Kong.

    In June, the FCC advanced a proposal to boost the security of information transmitted across the internet after government agencies said a Chinese carrier misrouted traffic.

    (Reporting by David Shepardson; Editing by William Maclean and Stephen Coates)

    Frequently Asked Questions about US agency votes to launch review, update undersea telecommunications cable rules

    1What are national security concerns?

    National security concerns refer to issues that affect the safety and security of a nation's citizens, economy, and institutions, often related to threats from foreign entities.

    2What is cybersecurity?

    Cybersecurity is the practice of protecting systems, networks, and programs from digital attacks, which aim to access, change, or destroy sensitive information.

    3
    What is a foreign company in telecommunications?

    A foreign company in telecommunications is a business that operates in the telecommunications sector but is based outside the country where it provides services.

    More from Business

    Explore more articles in the Business category

    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    Image for Submit Your Nominations Today for Education & Training Awards 2026
    Submit Your Nominations Today for Education & Training Awards 2026
    Image for Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Image for Submit Your Entry Today for Business Awards 2026
    Submit Your Entry Today for Business Awards 2026
    Image for Decentralized Masters’ ‘family culture’ building trust instead of hierarchy
    Decentralized Masters’ ‘family Culture’ Building Trust Instead of Hierarchy
    View All Business Posts
    Previous Business PostSwitzerland’s Axpo Eyes Prospects in Japan Power, Lng Trading
    Next Business PostBp and Partners to Invest $7 Billion in Carbon Capture Project in Indonesia’s Papua