White House reportedly considering federal intervention in 5G
According to a Thursday report by The Wall Street Journal, the 5G network across the US could get a boost from the federal government. The report states that Trump administration officials are considering the move so that they can compete better against Huawei.
The Trump administration has reportedly met with US networking companies, including Cisco, to discuss the acquisition of Western European networking giants Ericsson and Nokia. Citing unnamed sources, the Journal and Ericsson have focused on giving and financing tax breaks to Nokia.
Comes afterNokia, Ericsson, Dell, Intel, Microsoft and Samsung are best placed to counter Chinese networking giant Huawei in early April. But the spread of This meeting had to be postponed.
Ericsson said it is “invited to various government forums” in the US to discuss technology. A spokesperson for Ericsson said in an email, “As an industry leader, Ericsson intends to rapidly roll out 5G consistently in all parts of the world.”
Cisco said that nothing new is happening because the meeting in April was canceled due to COVID-19. Intel declined to comment.
The Trump administration, Nokia, Dell, Microsoft and Samsung did not immediately respond to requests for comment.
Huawei was blacklisted last year by the US when it was added to the United States “unit list” (PDF). In addition, President Donald Trump signed an executive order at the same time essentially banning the company in the wake of national security concerns that Huawei had a close relationship with the Chinese government. Huawei has repeatedly denied that allegation.