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White House considers broad Federal Intervention to secure #5G future

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Friday, 26 June, 2020, 20:35
White House considers broad Federal Intervention to secure #5G future

Trump administration officials have talked about inserting the federal government deep into the private sector to stiffen global competition against Chinese telecom giant Huawei Technologies Co.The ideas, discussed intermittently with U.S. tech giants, private-equity firms and veteran telecom executives, include prodding large U.S. technology companies like Cisco Systems Inc. to acquire European companies Ericsson AB or Nokia Corp., according to people familiar with the matter. In more than one case, they said, the company.