Behind T-Mobile-Sprint Merger, a Race to Keep Up With China in 5G [The New York Times]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
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Source: The New York Times
Image 5G wireless technology has the potential to open a wide range of economic and technological opportunities — from self-driving cars to smart cities and factories. Credit Yves Herman/Reuters By Raymond Zhong April 30, 2018 BEIJING — In this period of tense judo between the United States and China in the high-tech realm, even a merger of two American wireless providers has become entangled in fears about losing international competitiveness. Announcing a deal on Sunday to combine , T-Mobile and Sprint said that joining forces would help ensure that United States companies remain world leaders in the coming era of fifth-generation wireless technology, or 5G. The implication: Failure to keep up in 5G would give China and Chinese firms the edge. Many analysts believe that such talk is merely aimed at convincing the Trump administration to approve the deal. (Regulators have blocked T-Mobile and Sprint from merging before.) “They kept pointing to China on th
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