In order for the $20 billion acquisition of Sprint Nextel by Japan’s SoftBank to go ahead, the US government wants to oversee network equipment purchases in a bid to keep Huawei and ZTE products out of the nation’s infrastructure, reports The Wall Street Journal . Last year, a Congressional report labeled the two companies’ equipment as a national security risk, and SoftBank uses Huawei equipment, popular in many markets for its low prices, on its own network at home.
via The Verge - All Posts http://www.theverge.com/2013/3/28/4155714/us-wants-sprint-softbank-deal-to-avoid-chinese-network-equipment
No comments:
Post a Comment