TOKYO (Reuters) - Japanese wireless carrier SoftBank Corp (9434.T) said on Thursday it was pleased its 5G network had been given “clean” status by the U.S. government as part of a U.S. effort to exclude Chinese vendors from next-generation networks.

The U.S. State Department says “clean” status is aimed at protecting sensitive information “from aggressive intrusions by malign actors, such as the Chinese Communist Party”. SoftBank, its domestic peers and many other telcos around the world have received the designation.

The administration of U.S. President Donald Trump has ramped up measures to restrict leading Chinese tech firms from accessing Western technology and markets.

It expanded curbs on China’s Huawei Technologies [HWT.UL] on Monday, banning suppliers from selling chips made using U.S. technology to the firm without a special licence. Huawei has already been excluded from telecoms networks around the world.

More in category

Cramer's lightning round: Caesars Entertainment 'made a miraculous run back'
September 21, 2020CNBC
Cramer's lightning round: Caesars Entertainment 'made a miraculous run back'
Singapore has big driverless ambitions and the pandemic is unlikely to stop them
September 21, 2020CNBC
Singapore has big driverless ambitions and the pandemic is unlikely to stop them
Huawei plans more cuts to jobs, investment in Australia
September 21, 2020Reuters
Huawei plans more cuts to jobs, investment in Australia
Trump says aides rejected his request to adjust value of dollar
September 21, 2020Reuters
Trump says aides rejected his request to adjust value of dollar
Federal judge extends Wisconsin deadline for receipt of absentee ballots in November
September 21, 2020MarketWatch
Federal judge extends Wisconsin deadline for receipt of absentee ballots in November
A Monday beatdown for financials is raising grim questions on Wall Street — another Fed bailout?
September 21, 2020MarketWatch
A Monday beatdown for financials is raising grim questions on Wall Street — another Fed bailout?
How a President Biden or a President Trump could affect the student-debt crisis and college affordability
September 21, 2020MarketWatch
How a President Biden or a President Trump could affect the student-debt crisis and college affordability
Here’s where Trump and Biden stand on China and other trade issues
September 21, 2020MarketWatch
Here’s where Trump and Biden stand on China and other trade issues
Here’s how key swing states are leaning in the presidential race — and how they’re weathering the recession
September 21, 2020MarketWatch
Here’s how key swing states are leaning in the presidential race — and how they’re weathering the recession
5 things to know about Trump’s possible Supreme Court picks — including how Barbara Lagoa could help him win Florida
September 21, 2020MarketWatch
5 things to know about Trump’s possible Supreme Court picks — including how Barbara Lagoa could help him win Florida
Here are 35 stocks in the market’s two hottest sectors that Wall Street loves
September 21, 2020MarketWatch
Here are 35 stocks in the market’s two hottest sectors that Wall Street loves
Opinion: Why Trump and McConnell may not be able to choose Ginsburg’s successor at the Supreme Court
September 21, 2020MarketWatch
Opinion: Why Trump and McConnell may not be able to choose Ginsburg’s successor at the Supreme Court
How Trump and Biden tax policies could affect your paycheck, tax return, investment portfolio and nest egg
September 21, 2020MarketWatch
How Trump and Biden tax policies could affect your paycheck, tax return, investment portfolio and nest egg
Nikola investors take a 'gut punch' as Trevor Milton steps down as chairman, Wedbush says
September 21, 2020MarketWatch
Nikola investors take a 'gut punch' as Trevor Milton steps down as chairman, Wedbush says
What’s next for the stock market? It’s time to consider ‘babies that have gotten thrown out with the bath water,’ strategist says
September 20, 2020MarketWatch
What’s next for the stock market? It’s time to consider ‘babies that have gotten thrown out with the bath water,’ strategist says
This chart signal says stop buying megacap technology stocks
September 20, 2020MarketWatch
This chart signal says stop buying megacap technology stocks
Beyond Meat to capitalize on plant-based popularity, introduce breakfast sausage in 5,000 new locations,
September 21, 2020FOX Business
Beyond Meat to capitalize on plant-based popularity, introduce breakfast sausage in 5,000 new locations,
Small business leaders urge Congress to pass standalone COVID-19 relief
September 21, 2020FOX Business
Small business leaders urge Congress to pass standalone COVID-19 relief
Apple, Microsoft, Amazon and Alphabet are buys at these levels, Jim Cramer says
September 21, 2020CNBC
Apple, Microsoft, Amazon and Alphabet are buys at these levels, Jim Cramer says
Jim Cramer says the 'lockdown trade' is back as coronavirus concerns rise
September 21, 2020CNBC
Jim Cramer says the 'lockdown trade' is back as coronavirus concerns rise
Musk sees no immediate boost from 'Battery Day' tech unveil
September 21, 2020Reuters
Musk sees no immediate boost from 'Battery Day' tech unveil