 | February 15, 2020 |
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| The US is floating the idea of buying Ericsson or Nokia to compete against Huawei |
Following the UK's decision to allow wireless network operators to source noncore equipment from Huawei, US officials are considering buying a competitor to the Chinese supplier, such as Ericsson or Nokia.
US Attorney General William Barr outlined steps the US is considering encouraging or taking to counter Huawei's prominence – with the overall goal of ensuring that 5G networks remain secure and the US maintains global technological leadership.
And were the US to buy a Scandinavian networking vendor directly or work with private interests to convince them to do so, it would radically transform the global wireless networking market.
Business Insider Intelligence's Peter Newman has the full story. |
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