The White House opposes the proposal of purchasing Ericsson Nokia, and the 5g construction depends on itself

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 The White House opposes the proposal of purchasing Ericsson Nokia, and the 5g construction depends on itself


Foreign media CNBC pointed out that such a proposal also made the shares of the two companies rise on the same day. Nokias shares rose 4% on the New York Stock Exchange and Ericssons shares rose nearly 5.4% on the NASDAQ. So far, the combined market value of Nokia and Ericsson has exceeded $50 billion. It is not clear what funds the U.S. government may use to acquire shares in the two companies, or whether it has the approval of foreign regulators.

However, regarding the proposal, White House economic adviser Larry Kudrow said on Friday that as an important partner of 5g infrastructure construction in the United States, the United States is working closely with Nokia and Ericsson. But Mr Kudrow also said: the U.S. government does not engage in acquisitions, whether domestic or foreign.

Vice President burns also said: we have great respect for attorney general Barr, but we think the best way is the proposal put forward by Ban Kit (Chairman of the Federal Communications Commission) in the past few days.

U.S. Federal Communications Commission Chairman ban kit said recently that the U.S. will pay about $10 billion to allow some satellite radio and television companies to recover part of the C-band spectrum, so that the U.S. telecom companies can build 5g communication network in this band. After recovering these frequency bands, the U.S. government plans to auction them to telecom companies at the end of the year, so as to cooperate with the telecom companys 5g network expansion plan.

It is reported that in 5g network deployment, Huawei, ZTE, Ericsson and Nokia are core manufacturers, and the latest data released by each company shows that:

Data released by Ericsson in December last year shows that: 78 5g network construction contracts have been obtained in 14 countries and regions around the world, 24 of which are in progress;

According to the data released by Huawei in October last year, Huawei has obtained 65 5g network construction contracts in the world, half of which are from Europe, and the shipment volume of 5g base stations has exceeded 400000;

According to data released by ZTE in November last year, ZTE has won 35 5g network construction contracts in the world and has launched 5g cooperation with more than 60 operators around the world.

It is worth noting that Ericsson is a Swedish Telecom manufacturer, Nokia is a Finnish Telecom manufacturer, and Huawei and ZTE are Chinese telecom manufacturers. At present, although the United States has gathered a large number of technology giants, the 5g layout is slightly weak. On the other hand, at the beginning of this year, under the pressure of the United States, the United Kingdom finally gave Huawei a green light on 5g infrastructure construction - approving Huawei to carry out 5g network infrastructure construction in the United Kingdom. According to Lei Fengs previous report, on January 28, the NSC meeting chaired by British Prime Minister Boris Johnson and attended by senior ministers and intelligence personnel decided to approve part of Huaweis work on 5g network construction in the UK. Thats why U.S. attorney general Barr will propose a stake in Nokia and Ericsson. However, Burns said the US could use the power of free markets and US companies to expand 5g.. Read the White Houses proposal against the acquisition of Ericsson Nokia, how will the construction of 5g rely on its own coronavirus affect the global telecom industry grand meeting MWC? 5g life starts from Jingdong. Source: Lei Feng. Com editor in charge: Liao ziyao. Nbjs10040

It is worth noting that Ericsson is a Swedish Telecom manufacturer, Nokia is a Finnish Telecom manufacturer, and Huawei and ZTE are Chinese telecom manufacturers. At present, although the United States has gathered a large number of technology giants, the 5g layout is slightly weak.

On the other hand, at the beginning of this year, under the pressure of the United States, the United Kingdom finally gave Huawei a green light on 5g infrastructure construction - approving Huawei to carry out 5g network infrastructure construction in the United Kingdom. According to Lei Fengs previous report, on January 28, the NSC meeting chaired by British Prime Minister Boris Johnson and attended by senior ministers and intelligence personnel decided to approve part of Huaweis work on 5g network construction in the UK.

Thats why U.S. attorney general Barr will propose a stake in Nokia and Ericsson. However, Burns said the US could use the power of free markets and US companies to expand 5g..