U.S. agencies back revoking ability of China Telecom to operate in U.S. [Reuters]
CHINA TELECOM (CHA)
US:NYSE Investor Relations:
chinatelecom-h.com/en/ir/presentations.php
Company Research
Source: Reuters
U.S. agencies recommend revoking ability of China Telecom to operate in U.S WASHINGTON (Reuters) - The U.S. Justice Department and other federal agencies on Thursday called on the Federal Communications Commission (FCC) to revoke China Telecom (Americas) Corp’s ( 0728.HK ) authorization to provide international telecommunications services to and from the United States. China Telecom is the U.S. subsidiary of a People’s Republic of China (PRC) state-owned telecommunications company. Last year, two U.S. senators asked the FCC to review approvals of China Telecom and China Unicom ( 0762.HK ) to operate in the United States. The FCC last May voted unanimously to deny another state-owned Chinese telecommunications company, China Mobile Ltd ( 0941.HK ), the right to provide services in the United States.
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