US lawmakers subpoena China telecom giants over security concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2025
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Should l Buy ?
Source: Reuters
Congressional Investigation: A U.S. congressional committee is using subpoena powers to compel China Mobile, China Telecom, and China Unicom to cooperate in an investigation regarding their alleged support for the Chinese military and potential access to American data through their operations in the U.S.
Concerns Over Cybersecurity: Lawmakers express ongoing concerns about these companies' involvement in cyberattacks against the U.S., fearing they could access sensitive personal information and intellectual property, despite previous FCC bans on their telecommunications services.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
