Huawei's "plan B" seems to be working. It's on track to make $100 billion this year.
At its headquarters, a media tour reveals a combative company determined to thrive despite U.S. sanctions.
But it will require big spending on new tech in areas with small customer bases.
Once the world leader in wireless phone technology, America now has no dog in the fight.
Representatives from T-Mobile and Sprint are on Capitol Hill today and tomorrow to discuss a planned $26 billion merger.
Verizon created Oath out of its investments in “legacy” digital media companies AOL and Yahoo. The goal was to compete with internet giants Facebook and Google. It seems that the world’s biggest wireless network just wasn’t able to make that work. Click the audio player above to hear the full story.
The thing that makes the technology so useful can also make it vulnerable.
The telecom world could be getting a bit smaller. T-Mobile announced yesterday it would be acquiring Sprint in a $26 million all-stock deal. The two companies said the merger will mean that American companies will be able to implement fifth-generation wireless technology, or 5G, faster than anyone else — specifically the Chinese. But will U.S. […]