The share prices of Ericsson and Nokia rose after U.S. Attorney General William Barr suggested that the U.S. government should invest in the telecom equipment providers as a way to counter Chinese giant Huawei’s dominance in next generation wireless networks. In comments Thursday, Barr said the U.S. should take a controlling stake in the companies in order to bolster their ability to compete...
media/telecom
Nokia and Ericsson Stocks Rise After U.S. Attorney General Suggests Gov’t Investment
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