Address we provided staff. All documents will be entered into the record at the conclusion. With that, the chair recognizes for five minutes for an opening statement. Good morning, and first off i want to thank the witnesses were appearing before us, today, we are talking about our nations wireless infrastructure and to some extent the nations wealth. 5g Networks and beyond will grow our economy and enable advances in technology and connectivity. However, as a country and a planet, we face a growing challenge. Currently only four major companies, two in New York and two in china, build the Equipment And Infrastructure essential for these. Im glad to see representatives from three companies working to shake up this industry are here with us today. We have seen in the United States, europe, and around the world that lack of competition in this space has divided folks into two camps. Those who can afford secure networks and those who cant. And as more and more communications and commerce
Out his vision to drive new Economic Growth and draw hong kong closer to the mainland. Offapple takes the wraps the iphone 12. And pricey. Analysts say it could trigger a new wave of sales. Haidi all right, lets take a look at how we are setting up going into trading, and australia, weakness as expected with equity futures. About 1 10 of 1 . Reasonablethere were earnings out from banks, putting an end to the stalemate and a contention over another round of stimulus with the white house and democrats in disarray over negotiations. The aussie dollar also trading 158, and we heard from the australian treasurer speaking earlier, commenting on the tensions with china, saying the relationship has been challenging but that it is vastly important and a relationship of mutual benefit. We will continue to watch that and others, as well, given the concerns about the import ban when it comes to australian coal into china. Kiwi stocks, modest to the upside. Going from strength to strength. Of cours
Riding or selling these waves . Were talking about the american baby bust. Talking about Economic Social Impact of the u. S. Birth rate sunk to the lowest level in 32 years. The fallout will surprise you. U. S. Industry in iraq, tensions with iran heightened. But is the Trump Administration fighting on too many fronts . Iran, china, venezuela. There are the domestic battles as well. All the hot spots keep growing. Charles sources telling fox that the white house delaying the imposing auto tariffs. That is helping to ease trade tensions. The news coming as treasury secretary Steve Mnuchin Steve Mnuchin telling lawmakers that trade talks with china will continue in beijing. He had wardlaw recognize on capitol hill. Reporter he says he is hopeful. Hoping that the next round will be in beijing. There are to plans to go there at the moment but he says that will happen eventually he believes. The big trade push has moved up to capitol hill here. In fact the usmca is a huge push this hour for
Secure 5g Wireless Networks. Members heard from telecommunication officials. Today the Sub Committee on communications and technology is holding a hearing entitled leading the wireless futures securing american network. We are working remotely. All members and witnesses are participating. All microphones will be put on mute. You can send questions to the email address that we provided to staff. All questions will be entered into the record. We are talking about our nations wireless future and to some extent the worlds as well. The importance of wireless has never been greater. It will enable evolutionary advances in connectivity, as a country an a planet, we face a growing challenge currently, only four Major Companies two in new york, and two in china, built the equipment and infrastructure essential for these deployments. Im glad to see representatives from three Companies Working to shake up this industry are here with us today. We have seen in the United States, europe, and around
Secure 5g Wireless Networks. Members heard from telecommunication officials. Today the Sub Committee on communications and technology is holding a hearing entitled leading the wireless futures securing american network. We are working remotely. All members and witnesses are participating. All microphones will be put on mute. You can send questions to the email address that we provided to staff. All questions will be entered into the record. We are talking about our nations wireless future and to some extent the worlds as well. The importance of wireless has never been greater. It will enable evolutionary advances in connectivity, as a country an a planet, we face a growing challenge currently, only four Major Companies two in new york, and two in china, built the equipment and infrastructure essential for these deployments. Im glad to see representatives from three Companies Working to shake up this industry are here with us today. We have seen in the United States, europe, and around