US telecom dreams turn sour
By Ma Si | China Daily | Updated: 2018-02-09 08:52
Companies from China may find the going tough in the United States telecommunications market as national security concerns have derailed their local expansion plans, industry analysts said on Thursday.
The comments came after China's Huawei Technologies Co Ltd suffered another setback in the country and the US government said it was planning to nationalize the construction of 5G, or the next-generation communication network.
Xiang Ligang, a telecom veteran and CEO of the industry website Cctime, said it has become increasingly challenging for Chinese telecom companies to do business in the US amid heightened concerns over national security.
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