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.

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