
Huawei seeks security clearance for Sprint deal - report

Huawei is bidding to supply Sprint with mobile network equipment, but will need at least an informal nod from US government to avoid any security concerns, people familiar with the matter told the Financial Times. In 2008, Huawei was forced to abandon a takeover of 3Com due to US government concerns about the Chinese company gaining access to sensitive technology. Huawei may also be a bidder for parts of Motorola and a partner for Harbinger's planned wireless network. The company declined to respond to questions by the Financial Times on how precisely it planned to persuade officials that it is trustworthy. Attorneys and former government officials told the paper that Huawei will have to agree to significant conditions if it is to make headway in the US. This could include listing its shares on a public exchange in the US or Hong Kong and a realignment of its management structure. Huawei is also considering creating an advisory board or panel staffed with former senior officials.
Categories:
Companies:
Countries:
Related Articles
Complete profile
Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.