Will a nodal vendor for mobile companies address security concerns?

The Centre has mooted a proposal to set up a company that will be owned by all telecom operators and will be responsible for managing, maintaining and building communication networks for them. All international equipment suppliers, Nokia Siemens, Ericsson, Huawei, and Alcatel Lucent, among others, will execute contracts for all service providers through this company, if this proposal becomes reality.

The proposal must first be discussed between different ministries as well with all telecom operators to examine its feasibility. It also adds that further discussions should be held to gauge if the government can mandate all maintenance contracts to be directed through this national maintenance firm. The operation and maintenance of telecom networks should be entirely by Indian engineers and dependence of foreign engineers should be minimal or nil within a period of two years

All gear makers from abroad will have to manufacture core telecom equipment locally or momentarily transfer technology to Indian manufacturers within a three-year period. In case of non-compliance of the transfer of technology clause, the vendor/service provider shall be penalized. Criminal proceedings would also be started in this case. So users, by this, do you think a nodal vendor for mobile companies address security concerns?