For Immediate Release: March 04, 2019
Press Contact: Regan Page email@example.com
Observer: “3 Things Americans—And Their Elected Leaders—Must Know About the Sprint/T-Mobile Deal”
Washington, D.C. — On Friday, theObserver ran an article which clearly spells out “three areas where regulators, congressional officials, and the American public ought to probe further” before allowing the proposed T-Mobile/Sprint mega-merger to progress. The three areas include: job losses and price hikes, national security concerns, and the companies’ connections to Chinese telecom company Huawei, and T-Mobile’s parent company’s ties to Russia.
The piece underscores the urgency of the situation at hand largely by shedding light on the massive national security threats the proposed merger poses:
“In the case of T-Mobile and Sprint, there’s real cause for alarm. Both companies have used—and seem to be continuing their use of—technology from Chinese technology firms Huawei and ZTE.
“Huawei and ZTE have a well-documented history of security violations, as well as strong ties to the Chinese government. Just weeks ago, federal prosecutors announced a criminal investigation of Huawei for stealing American trade secrets, including pilfering technology from T-Mobile. And just today, a bipartisan group of Senators asked energy Secretary Rick Perry and Homeland Security Secretary Kirstjen Nielsen to investigate Huawei’s technology in America’s energy infrastructure. At a time when bipartisan lawmakers are working to ban U.S. chips and technical components to ZTE and Huawei, we must be careful not to open up a backdoor via an ill-considered merger.”
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