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Analysis: Orange-MasMovil deal a test case for European telecom tie-ups

Orange and MasMovil s $19 billion Spanish telecom merger is set to be a test case for whether Europe s antitrust regulators have become more lenient in approving deals that reduce the number of ....

United States , United Kingdom , Kester Mann , Thomson Reuters , Deutsche Telekom , European Commission , Nick Read ,

CNN CNN Newsroom Live June 4, 2024 08:38:00

Service. intelligence officials tell us they believe those live streams could be used by beijing or any other nation state to track patterns of sensitive military movements. the combination of these two things was profoundly disturbing to u.s. counterintelligence officials. now, china denies using any of this equipment that s filed in the u.s. and huawei denies that their equipment could be used for such a purpose but this comes at a time when the u.s. government has worried about what officials tell us has been a dramatic escalation of espionage activity on u.s. soil by china over the past decade and in the meantime the equipment remains in place. these small rural telecom companies have been mandated by the fcc to rip and replace the equipment but the amount of money congress has appropriated to reimburse them is about $3 billion short of what it s going to cost all these companies to get the job done. the bottom line is that three years after the fbi briefed the white house on its f ....

United States , Nation State , People S Republic Of China , Tech Giant Huawei , Espionage Activity , Money Congress , Bottom Line , White House , 3 Billion ,