The shares of AT&T Inc (NYSE:T) have declined in the last five days. However, as time progressed they started picking pace, following the U.S.-China trade talks. It was some time ago that the Trump administration made its finishing touches on a deal with ZTE and the talks are said to have inspired hope for averting a trade war.
Arguments in relation to the matter
It was in the previous week when Huawei, a Chinese telecom firm, filed its response to FCC (Federal Communications Commission) outlining that it was not a threat to the U.S. security at all.
Huawei is strongly contesting the idea of banning it from accessing the $8.5 billion Universal Service Fund (“USF”), which is a major source of finances to unveil the 5G and gigabit broadband projects within the borders of the United States.
CTIA was one of the parties that supported the beleaguered firm. In its defense it outlined that the industry was equipped with design networks and effective security that ensured safety and reliability. According to CTIA, restricting the access to USF could either end up harming customers or hindering competition.
The conundrums don’t seem to come to come to an end any time soon. But the National Telecommunications and Information Administration (“NTIA”), which is a segment in the U.S. Department of Commerce has guaranteed its support for all the start-up firms interested in integrating blockchain technology into their respective systems.
Aside from that, the agency has forwarded a ‘notice of enquiry’ with the aim of soliciting ideas linked to internet governance, information free-flow, cybersecurity and privacy as well as the emerging technologies.
The collated information will most probably be used by NTIA’s international Internet policy as the guideline to help with the creation of regulations for the different sectors.
ARRIS International plc (NASDAQ:ARRS) recently struck a deal with Alphabet Inc (NASDAQ:GOOGL) and the two sought leverage on indigenous Ruckus technology of its subsidiary Ruckus Networks. The target was to power Google Station Wi-Fi hotspots in three emerging countries, namely Mexico, Indonesia and India.