Pitch Behind T-Mobile-Sprint Merger: Keep Up With China in 5G [The New York Times]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
Company Research
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 — As tensions rise 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. T-Mobile and Sprint announced on Sunday that they would combine. By joining forces, the two mobile carriers said, they would help ensure that American 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 blocked a previous merger attempt by the companies, worried that fewer wi
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