Science

Verizon drops plans to sell Huawei phones

Verizon drops plans to sell Huawei phones”

Verizon is said to have been pressured by the USA government to call off the deal over security concerns.

The government is also pressing Verizon to end any collaboration with Huawei on standards for a 5G network.

If Huawei had more support in Washington, perhaps it would have been able to properly break into the US smartphone market by teaming up with carriers. Big Red was reportedly interested and if a deal had been reached, Huawei's smartphones would have made it to the country's top carrier.

More news: Palo Alto Networks Inc (PANW) Position Boosted by Klingenstein Fields & Co. LLC

Just weeks after AT&T's plans to begin selling Chinese-made Huawei phones in the United States were jettisoned, it appears that Verizon has followed suit.

It is still possible to procure a Huawei smartphone in the USA, which can then be paired with either carrier's network, but as Bloomberg notes, direct sales would have introduced millions of new customers to the brand. The letter cites concerns from intelligence committees in Congress.



Like this

loading...
loading...

Latest


30 January 2018
Legendary group Ladysmith Black Mambazo win Grammy
Over the years Ladysmith Black Mambazo has scooped 19 nominations at the awards and have walked away with five so far. Grammy Award winners Ladysmith Black Mambazo perform at the International Convention Centre (ICC) in Durban.

30 January 2018
Kabul military academy hit by explosions and gunfire
Tolo News said its journalist on the scene reported that security forces immediately blocked off all roads in the area. The hardliner Islamic State (IS) group has reportedly claimed responsibility for the attack.

30 January 2018
The latest Wolfenstein 2: The New Colossus DLC is out now
In this Wolfenstein 2: The Freedom Chronicles episode, we get to play as Jessica Valiant , AKA Agent Silent Death. The second of three DLC episodes - collectively known as The Freedom Chronicles - is now available on Steam.

30 January 2018
Scott Baio Responds To Nicole Eggert's Allegations That He Molested Her
She said it was much worse than she had described on air, ' read the statement. "I don't know what else to put out there". Eggert, who claims that Baio began molesting her when she was just 14, recounted the disturbing allegations to Kelly.

30 January 2018
Is there Inherent Value in Patterson Companies, Inc. (NasdaqGS:PDCO)
Amica Retiree Medical Trust boosted its holdings in shares of Patterson Companies by 433.8% in the 3rd quarter. (NASDAQ:PDCO). It fall, as 58 investors sold AMGN shares while 511 reduced holdings. 108 funds opened positions while 453 raised stakes.

30 January 2018
Quincy Jones Disses Taylor Swift's Songwriting: We Need Songs, Not Hooks
Brazil - Belo Horizonte, Sao Paulo, and Rio. "Shanghai - got a great girl over there from Shanghai, man. And it's amazing-women get it, man. "Don't you ever forget they're 13 years smarter than we are.

30 January 2018
Hot Stocks For Today: Abbott Laboratories (ABT), Groupon, Inc. (GRPN)
Abbott Laboratories is engaged in the discovery, development, manufacture and sale of a range of healthcare products. The stock of Spirit Realty Capital, Inc. (NYSE:SRC) earned "Hold" rating by Ladenburg on Thursday, November 2.

30 January 2018
Goodell defends refusing veteran group's ad in Super Bowl program
Shaun Clancy, the owner of Foley's NY , doesn't plan to explicitly use "Super Bowl" to get people into his bar on Sunday. The National Retail Federation estimates that three of every four families will watch the match-up Sunday evening.

30 January 2018
John Legend And Chrissy Teigen Expecting Baby Boy
In other news, People reported Sunday that John and Chrissy have donated a whopping $200,000 to the Time's Up Legal Defense Fund . It was expected Teigen was set to welcome a baby boy as she had previously talked about this when discussing IVF.

30 January 2018
$1.60 EPS Expected for Asbury Automotive Group, Inc. (ABG)
AHL Partners LLP purchased a new stake in shares of Asbury Automotive Group during the 2nd quarter valued at about $370,000. Investors sentiment increased to 1.32 in 2017 Q3. 45 funds opened positions while 168 raised stakes.