New U.S. sanctions licenses are opening parts of Venezuela's telecommunications sector to American and other approved suppliers while explicitly excluding companies tied to China, potentially challenging Huawei and ZTE's longstanding role in the country's networks.
The Treasury Department's Office of Foreign Assets Control issued General Licenses 61 and 62 on August 21, allowing transactions involving state telecom company CANTV, mobile operator Movilnet and regulator CONATEL for equipment, software and services needed to maintain or upgrade telecommunications infrastructure.
