Washington moves to boost crackdown on China Telecom's US unit, source says By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2024
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Should l Buy ?
Source: Investing.com
U.S. Government Action: The U.S. Commerce Department is intensifying scrutiny on China Telecom's U.S. operations due to national security concerns, following a preliminary determination that its presence in American networks poses risks. This comes after the FCC previously revoked its authorization to operate in the U.S. in 2021.
Concerns Over Data Security: There are increasing fears regarding China's attempts to infiltrate U.S. telecommunications and steal data, highlighted by allegations of significant hacking incidents. Despite restrictions, Chinese telecom companies still maintain limited access to U.S. data through cloud services and internet traffic routing.
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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.




