BUCHAREST—Romania’s centrist government on Thursday approved a bill that effectively bars China and Huawei from taking part in the development of its 5G network, a member of the IT&C and National Security Committee told Reuters. Europe has emerged as a battleground in the technology ‘Cold War’ playing out between China and Washington and Huawei’s European…
Ericsson’s Backing Huawei Shows How Companies Become ‘Hostages’ to the CCP
Commentary Telecommunication giant, Ericsson, did not enjoy the benefits of a ban of its rival, Huawei, in Sweden, instead, it has been asking its government to reconsider the ban; analysis suggested the profits gained from the Chinese market left the company susceptible to coercion by the Chinese Communist Party (CCP). As the United States and…
Parliament Unanimously Votes to Probe Rogers-Shaw Deal
The Jobs and Industry to the Standing Committee on Industry, Science and Technology voted unanimously on March 19 to probe the Rogers-Shaw deal after about an hour of debate. On March 15, Rogers announced an agreement to acquire Shaw in a transaction valued at $26 billion, including debt. The deal will see two of Canada’s…
Parliamentary Committee Unanimously Votes to Probe Rogers-Shaw Deal
The Standing Committee on Industry, Science and Technology voted unanimously on March 19 to probe the Rogers-Shaw deal after about an hour of debate. On March 15, Rogers announced an agreement to acquire Shaw in a transaction valued at $26 billion, including debt. The deal will see two of Canada’s largest cable companies, as well…
Pricing Reveals True Value of Huawei’s 5G Patents
Huawei finally revealed on March 16 that it will charge up to $2.5 in royalties per phone for its 5G patents, a price lower than its competitors although the company has 3,147 declared 5G patent families, the highest in the world. Huawei’s rivals have much higher royalty charges for the 5G patents they own. For example,…
Conservatives Demand Hearings on Rogers-Shaw $26 Billion Deal
The proposed acquisition of Shaw Communications Inc. by Rogers Communications Inc. will likely face hearings from a Commons committee, after a Conservative MP argued that the deal needs to be probed. “Some argue the Rogers-Shaw deal means more investment, others that it means less competition,” said Pierre Poilievre, Conservative Shadow Minister for Jobs and Industry,…
Rogers Communications Signs Deal to Buy Shaw Communications in Deal Valued at $26B
TORONTO—Rogers Communications Inc. announced an agreement Monday to buy Shaw Communications Inc. in a deal valued at $26 billion, including debt. Under the plan, Rogers will pay holders of Shaw’s class A and B shares $40.50 in cash per share, while the Shaw family will receive some of their payment in Rogers shares. Shaw’s Class B shares closed at…
Trump Brands Former Campaign Advisor Karl Rove a ‘RINO’ After Strategist Criticized Him
Donald Trump issued a lengthy statement on March. 4 returning criticism to Republican strategist Karl Rove after the adviser offered criticism of Trump’s first formal speech since leaving office. Rove, who served as George W. Bush’s chief strategist, penned an opinion article in the Wall Street Journal on Wednesday in which he said that Trump’s speech last Sunday to…
GOP Senators Urge Commerce Nominee to Commit to Countering Beijing’s 5G Ambitions
Three Republican senators known for their hawkish stance on China are calling on President Joe Biden’s Commerce Department nominee to clarify if there are any circumstances under which she would remove China’s telecoms equipment giant Huawei from a trade blacklist that the Trump administration placed it on due to concerns about national security. Sens. Marco Rubio…
Aussies Paying $140,000 for Internet, Phones, Streaming Over Lifetime
Bills for the internet, mobile phones, and streaming services quickly add up, but a changing market and 5G entering the fray means the chance for a better deal. The cumulative cost for internet, phone and streaming services is now almost $140,000 (US$108,000) over the average Australian lifetime. That’s a breakdown of about $78,000 on internet,…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`