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Home News Forex Broker News gulfbrokers

No more Huawei in America

The U.S. Federal Communications Commission voted to ban China’s Huawei and ZTE because of national risk. Voting means that rural U.S. telecom carriers will change cheap equipment from Huawei. Government fund is planning to spend 8.5 billion dollars.

Huawei responded on this order as unlawful and asked FCC to change their mind, but their connections are to strong on the Chinese government.  Brands which can profit from this move are Ericsson or Nokia.

USA obviously change their mind as they shower after Commerce Department issued 90-day temporary license to minimize connections between US companies and Huawei.

The post No more Huawei in America appeared first on Gulfbrokers.

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