China

U.S. Looking to Add Oversight Requirements in Sprint-Softbank Deal

Not liking that a Chinese company is buying a U.S. telecom provider

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Concerns remain over integrating Chinese technology within U.S. infrastructure, and so the government is seeking ways to stop the process as politically as possible.

In order to approve Softbank's acquisition of Sprint, the U.S. government may require the oversight of network equipment purchases, as reported by The Wall Street Journal. Chinese suppliers Huawei Technologies and ZTE have been under scrutiny for some time, with concerns raised over their ties to the Chinese government and that their networking equipment could be used as a springboard for the country's alleged espionage activities.

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