July 3, 2018 / 8:37 PM / 5 months ago

U.S. allows ZTE transactions to maintain networks

July 3 (Reuters) - The U.S. Commerce Department has granted ZTE Corp, China's No. 2 telecommunications equipment maker, the authority to engage in commercial transactions needed to maintain existing networks and equipment in the United States as it works toward the lifting of a U.S. sales ban.

The authorization from the U.S. Commerce Department's Bureau of Industry and Services, dated July 2 and which was seen by Reuters, runs until Aug. 1. (Reporting by Karen Freifeld; Writing by Tim Ahmann Editing by Leslie Adler)

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